MP backing loan petition

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Livingston MP Graeme Morrice is backing a new e-petition calling on the government to intervene in the high-cost credit market before legal loan sharks are able to take advantage of cash-strapped consumers over Christmas.

Speaking after the petition’s launch, Mr Morrice said: “With Christmas approaching, residents in West Lothian are likely to come under increased financial pressure and many will be considering taking out high-cost, short-term loans.”