The Respublica think tank — founded by ‘Red Tory’ Phillip Blond — is to launch a report hailing the potential “social good” of the parasitic payday loan industry. That this¬†bonkers notion is seeing the light of day may have something to do with the report being “kindly supported by” the Consumer Finance Association — the, […]

After Mark Wallace exposed the financial crisis at Conservative think tank Respublica, the Sunday Times disclosed that Red Tory Phillip Blond is the “sole director and owner” of the organisation — but it failed to highlight how unusual this arrangement is. To give confidence to backers and prevent conflicts of interest, UK political bodies soliciting […]