MPs raise concerns over Asda’s link to app offering high-interest loans to staff

theguardian.com/business/2025/sep/12/mps-asda-app-loans-wagestream

Retailer’s owner has stake in Wagestream, which offers workers loans of up to £25,000
An influential group of MPs has sought assurances that Asda is not “squeezing staff” to drive profit after it emerged they are being offered high-interest loans by Wagestream, a company in which the…

This story appeared on theguardian.com, 2025-09-12 05:00:28.
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