Private Equity manager Adrian Beecroft has donated over half a million pounds to the Tories since 2005.
Beecroft is the head of the private equity group that administers Wonga. The typical interest rate on a Wonga loan is an incredible 5,853% APR!
the Tory party are resisting regulation of Payday lending sector. Does this resistance have anything to do with the fact that one of their biggest donors runs one of the biggest legal loan shark operations in the country?