Single mum's Christmas money worry as costs soar
A single mother from Leicester reveals her stress over festive costs. With average UK spending at £1,626, expert advice offers budgeting tips to avoid debt.
Category : Search result: debt levels
Economists call for Sri Lanka debt halt after cyclone
Over 120 leading economists, including Nobel winner Joseph Stiglitz, demand immediate suspension of Sri Lanka's debt repayments following catastrophic Cyclone Ditwah, which killed 600 and destroyed thousands of homes.
Carer's Allowance scandal: DWP faces pressure over debts
Senior DWP officials face mounting criticism for a 'misleading' response to systemic failings that plunged hundreds of thousands of unpaid carers into debt. Read the full report.
Drivers Accuse Security Firm of False Fuel Theft Claims
A Blackburn family was barred from over 1,300 stations for 19 months after being accused of a £20.01 fuel theft they insist they paid for in cash. Read their story and the wider issue with ANPR evidence.
China's rural protests surge as migrant workers return home
A 70% surge in rural protests across China reveals a crisis of returning migrant workers and local government debt, sparking clashes over land and livelihoods. Explore the deepening social fissures.
Croydon gains £120m in Fair Funding review
Croydon Council is set for a £120m funding boost over three years after a historic government review. The new Fair Funding 2.0 model aims to better reflect local need, but the borough's massive debt remains a challenge. Read the full story.
Grand Slam Track owes athletes huge sums, future uncertain
World Athletics warns the Michael Johnson-backed Grand Slam Track may not return in 2026 despite bankruptcy filing. Stars like Sydney McLaughlin-Levrone are owed hundreds of thousands. Read the full financial crisis details.
Great Lakes water crisis as AI data centres move in
Water levels across the Great Lakes are falling, just as energy-hungry mega-scale data centres move into the region. Communities in Ohio and Michigan are fighting back against the threat to their water supply. Read the full investigation.
DWP boss blames carers for £300m allowance scandal
A top DWP civil servant has blamed claimants for the carer's allowance crisis, contradicting an official review that found systemic failures. Over 180,000 carers face life-changing debts.
Lapwings Make a Comeback on Somerset Wetlands
After a 30-year absence, lapwings have returned to nest on the Somerset Levels, a heartening sign for UK wetland conservation. Discover the story of their comeback.
MP Uses Custard Creams to Explain Why 'Britain is Broke'
A Labour MP's viral TikTok uses biscuits to illustrate the UK's debt crisis and economic stagnation. Discover his novel approach to political storytelling.
MP's biscuit video on UK debt goes viral with 3.3m views
Glasgow South MP Gordon McKee uses custard creams to explain UK debt-to-GDP ratio in viral video, leading a new wave of creative political communication on social media.
Thames Water complaints surge 75% amid £20bn debt crisis
Thames Water reveals a 75% surge in complaints as it negotiates a bailout to tackle its £20bn debt. Read the latest on the utility giant's financial struggle.
Leon warns of closures after £8 million loss
Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.
Thames Water profits leap as funding crisis looms
Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.
OBR's Long-Term Debt Warnings Threaten UK Economy
Beyond the public feud with Chancellor Rachel Reeves, the OBR's reports reveal a perilous long-term fiscal outlook for the UK, with high debt and demographic pressures risking financial stability. Read the full analysis.
ATO Targets $5.3bn in 'On-Hold' Tax Debts in New Drive
The Australian Tax Office has relaunched a campaign to recover $5.3bn from 325,000 taxpayers, including debts dating back to 2017. Read about the revised scheme and its implications.
Glucose biosensor helps manage cravings and energy
A new wearable biosensor from Abbott tracks real-time glucose levels, showing users how food affects energy and hunger. Available at Boots, it aims to help with weight management and better sleep.
Elderly left in cold by faulty energy meter and poor service
An elderly woman in Stafford was left without heating due to a faulty British Gas prepayment meter, highlighting systemic customer service failures across UK energy suppliers, including billing errors and threats to minors.
79-year-old widow chased for 2p energy debt
A 79-year-old disabled widow from Dudley was pursued for a 2p debt due to a computer error, threatening her credit rating and causing immense stress. Discover how the situation was resolved.
Student loan freeze to squeeze low-paid graduates
NUS warns a 3-year freeze on the student loan repayment threshold will force graduates to repay more, sooner, potentially leaving them struggling with basic living costs. Discover the impact on new graduates.
Reeves' 'Deceiving' Budget Delays Debt Repair
Rachel Reeves faces criticism for 'deceiving' Budget that delays fiscal repair as economists warn of interest rate hold fears. Key details on borrowing and tax changes.
UK's Weak Fiscal Position After Budget Tax Rises
Economists warn the UK remains in a weak fiscal position post-Budget, with tax burden hitting a record high. Discover the analysis and market concerns.
£5,500 Student Debt Relief Plan for Australians
Labour government introduces legislation to wipe 20% from student loans and raise repayment threshold. Discover how this cost-of-living measure affects millions.
Australia imposes 20% cap on risky mortgage lending
Australian regulator cracks down on high-risk lending as property prices surge. New rules limit mortgages over 6x income to protect financial stability and affordability.
OBR: UK Tax Burden Hits Record High
The OBR warns Rachel Reeves' Budget leaves UK finances vulnerable as the tax burden hits an all-time high. Discover the full impact on households and the economy.
Fiscal rules turn UK budgets into expensive pantomime
UK chancellors prioritise fiscal rule compliance over sound economic policy, creating budget farces. Discover why debt continues to climb despite political promises.
Reeves Confronts £110bn Debt Crisis in Budget
Chancellor Rachel Reeves must balance tax rises with spending cuts as Britain's debt servicing hits £110bn annually. Can she ignore political pressure and fix public finances?
Carer's Allowance scandal review demands urgent reform
Independent review reveals DWP's catastrophic failure in Carer's Allowance system, leaving carers with £250m debt. Labour must now deliver comprehensive reforms.
Debt Collection Charges Dismissed Against Panthera Finance
Criminal charges against debt collector Panthera Finance dismissed after court rules company wasn't technically collecting debts owed to others. Consumer Affairs Victoria ordered to pay costs.
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