Klarna clampdown begins as buy-now-pay-later industry will be regulated

Buy-now-pay-later firm Klarna first offered British shoppers the chance to put off payment at the checkout in 2014, when it launched in the UK. Yet, seven years on, regulation is only now on the cards after five million people spent billions of pounds using the quick and easy loans last year. Consumer campaigners have spent … Read more

Buy now, pay later firms will now be regulated amid fears young shoppers are falling into huge debts

Buy now, pay later schemes will face tighter regulation from the City watchdog to stop millions of young shoppers racking up huge hidden debts. The Financial Conduct Authority (FCA) today said bringing the sector under stricter control was a ‘matter of urgency’ after a review of the unsecured credit market found the scheme could ’cause harm … Read more

Environment: Risk of major biological invasions from laxly regulated ‘edible insect’ industry

The burgeoning edible insect industry is inadequately regulated, risking the accidental release of invasive species and environmental and economic damage. It is estimated that, at present, more than two billion people across the globe eat some 1000–2200 different species of insects as part of their traditional diets. Compared to regular meat farming, insects have higher protein-to-fat ratios, … Read more

Environment: Risk of major biological invasions from laxly regulated ‘edible insect’ industry

The burgeoning edible insect industry is inadequately regulated, risking the accidental release of invasive species and environmental and economic damage. It is estimated that, at present, more than two billion people across the globe eat some 1000–2200 different species of insects as part of their traditional diets. Compared to regular meat farming, insects have higher protein-to-fat ratios, … Read more