George Osborne adopts Labour’s language on markets

Stella Creasy sees today’s announcement that the government does want to cap the cost of payday loan credit as a recognition that Labour was right to campaign on this issue and that consumers are suffering as a result of the current arrangements. But listen again to George Osborne’s Today interview and you’ll note another recognition: that Ed Miliband and colleagues are enjoying some success when they talk about markets not working for consumers.