What is the main idea behind applying payday loan rules to credit card debt?
Labour Conference - John McDonnell Speech Soundbite

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Social Studies, Business
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To ensure interest payments do not exceed the original loan amount
To increase the interest rates on credit card debt
To eliminate credit card debt entirely
To make payday loans more accessible
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the speaker suggest might happen if the Tories do not take action?
The Labour government will amend the law
The current laws will remain unchanged
Interest rates will decrease
The Tories will lose power
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the speaker's plan if the Tories refuse to act?
To announce changes immediately
To abandon the proposal
To wait for the next election
To amend the law when Labour is in power
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 'McDonnell amendment' referring to?
A political strategy
A new financial regulation
A proposed legal change by the Labour government
A tax reform
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the 'McDonnell amendment'?
It is a plan to reduce government spending
It is a proposal to increase interest rates
It is a new tax policy
It represents a shift in Labour's economic policy
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