Sants introduces church 'advice' scheme for those in financial distress

The Church Credit Union Network (CCUN) will bring together churches, communities and credit unions in an attempt to challenge the prominence of payday lenders. The BBC reports the initiative will see church members trained to offer responsible guidance on financial matters. Launching CCUN on Tuesday, Sants, who was chief executive of the FSA between 2007 and 2012, said its goal was "to promote responsible credit and savings". "We are not seeking to solve the whole problem but rather to identify a set of practical and achievable actions, through which the church community can make a...