A high-tech British start-up? One making enormous profits, hiring staff, and expanding around the world? With all the talk of industrial strategies, you’d think this was a business that everyone was praising to the rooftops. But everyone hates it and wants to see it hounded out of business. Why? Because it’s Wonga.
And yet many successful companies are not entirely pleasant. Britain needs to make its way in the world – and Wonga is the kind of thing we are good at. We should be getting behind it – not trying to close it down.
Last week, the controversial payday [...]
Want to read this article now?
Already a MoneyWeek subscriber? Please log in below.
Not a subscriber? Sign-up now for a 3 week FREE trial to get instant access.