Taking a little credit for the credit card review  

Earlier this week, the Department for Business, Innovation and Skills announced a series of new rights to Britain's 30 million credit card users that will save consumers millions of pounds and give people more control over their finances.This is something that I helped to bring about as part of my role on the Treasury Select Committee and is something that I feel strongly about. I'm now pleased to see that the key changes will be introduced by the credit card industry this year.Following extensive public consultation, which attracted almost 5,000 comments and votes in an online survey, the Government has agreed five new rights for credit card users with the card companies. They are as follows:Right to repay: consumers' repayments will always be put against the highest rate debt first. For consumers opening new accounts the minimum payment will always cover at least interest, fees and charges,...