Category : Search result: festive debt


Father Rejects Santa Myth to Avoid Christmas Debt Trap

A writer explains his deliberate choice to not teach his children about Santa Claus, fearing the 'moral economy' of Christmas that judges parents by spending. With 1 in 3 UK families struggling, he calls for honesty over festive fantasy.

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.

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.

All Bar One's Festive Cocktails & Food Review

We review All Bar One's festive menu in Sheffield, featuring cocktails with Mallow & Marsh and Absolut Vodka, plus burgers and small plates. Find out what's worth ordering this Christmas.

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.

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.

London's Best Christmas Markets & Events for 2025

Discover the top Christmas markets in London for 2025, from Columbia Road to Spitalfields, plus festive dining, ice skating, and theatre. Your essential guide to December in the capital.

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.

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.

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?

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