The Financial Services (Banking Reform) Bill (the Banking Reform Bill) has had its second day in Committee Stage in the House of Lords. The third day will be on 23 October. The High Cost Credit Bill, a Private Members' Bill designed to impose further controls on high-cost credit companies (particularly payday lenders) in respect of amounts of high-cost credit available, levels of default charges, charges relating to continuous payment authorities and rollover or repeat lending, will continue its second reading in the House of Commons on 23 November. (Source: Financial Services (Banking Reform) Bill Progress and High Cost Credit Bill Progress)