Right now, countries in debt crisis are being held to ransom by big banks and hedge funds. These lenders are acting like cowboys - making millions in interest payments while lower income countries are left without enough money to pay for health and education. Over 54 countries are already in crisis.
But your MP can help stop this.
UK law plays a key role in enforcing debt contracts, 90% of the loans for the poorest countries are enforced through UK courts. That means we can push for a new law to make these cowboy lenders cancel debt.
And an influential committee of MPs has just come out and recommended just that. It’s crucial we take this chance to push for action.