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.
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.
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.
UK chancellors prioritise fiscal rule compliance over sound economic policy, creating budget farces. Discover why debt continues to climb despite political promises.
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?
Independent review reveals DWP's catastrophic failure in Carer's Allowance system, leaving carers with £250m debt. Labour must now deliver comprehensive reforms.
Discover the forgotten history of Stanwell Place, the abandoned mansion near Heathrow that once housed King Faisal II of Iraq and played a crucial role in WWII D-Day planning.
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.
Chancellor Rachel Reeves navigates the powerful £2.7tn gilt market as AI tools and traders scrutinise her budget. Will her plans satisfy the 'beast' that can make or break governments?
Graduates reveal how Northwestern Mutual's 'dream job' turned into a high-pressure insurance sales role leaving them in debt and alienated from friends. Investigation exposes the reality behind the financial adviser promises.
Review of 'Desperate Journey', a WWII drama following a Jewish boy's escape to Paris. Based on a true story, in UK cinemas from 28 November. Read our take.
Debt charities warn shoppers about buy now, pay later risks this Black Friday as record numbers seek help. New FCA regulation begins July 2026. Read before you click.
Ofgem announces a surprise energy price cap increase for January, pushing bills to £1,758. Campaigners warn this offers 'no help to struggling families' amid a £4.4bn energy debt crisis.
Asda sells 24 stores and a depot for £568m in a leaseback strategy to manage its £3.8bn debt pile. The GMB union condemns the move as 'asset stripping'. Read the full details.
Asda has secured nearly £600m through sale-and-leaseback deals for its stores, using the funds to repay looming debt to former owner Walmart. Discover the supermarket's financial strategy.
South Africa accuses the US of 'coercion by absentia' after Trump administration boycotts G20 summit and blocks final declaration over policy disagreements.
Chancellor Rachel Reeves must choose between breaking Labour's tax pledge or maintaining unsustainable pension triple lock as Britain's debt interest hits £111bn. The Budget decision awaits.
A man has been sentenced for stealing a Banksy print valued at £270,000 to settle drug debts. Discover the full story of this London art theft and its consequences.
Discover how a Glasgow mother transformed £15,000 credit card debt into a savings and investment strategy to build generational wealth for her children.
Six months into Chancellor Friedrich Merz's leadership, Germany faces renewed economic anxiety and political rebellion. Explore the challenges facing Europe's powerhouse and what it means for the future.
Stonegate Group, the UK's largest pub chain, is considering a £1billion sale of over 1,000 venues to address its £3billion debt. Discover the details and what's next for Slug & Lettuce owner.
One of Australia's largest debt collectors defends against allegations it illegally pursued 200,000 debts in Victoria while banned. Court decision expected next Tuesday.
Castle Water proposes additional £1bn cash injection for Thames Water, criticising current restructuring plans as inadequate for solving pollution crisis. Read the latest developments.
Panthera Finance allegedly collected $60m from Victorians while banned. Consumer Affairs Victoria takes legal action. Affected consumers may be entitled to refunds.
An auditor has issued statutory recommendations to Enfield Council to de-risk its £1.286bn debt, warning that its financial reserves have fallen below a safe threshold. Discover the full story.
A man who stole a £270,000 Banksy artwork from a London gallery to pay a drug debt has been sentenced to 13 months in prison. Discover the full story of the brazen burglary and swift recovery.
An East London man has been sentenced to prison for stealing a valuable Banksy artwork to settle a historic drug debt. Discover the full story of the gallery burglary.
Australian students face $50,000 arts degrees until at least 2027 as government delays reform of the controversial Job Ready Graduates scheme. Discover why critics are demanding urgent action.
New research reveals a quarter of UK adults borrow from family, while 15% turn to friends. Many are rejected by traditional lenders. Share your story with us.
Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs across its global operations as the company grapples with significant debt and operational challenges. Read the full analysis.
King Charles III shared a moving embrace with 105-year-old WWII veteran Yavar Abbas during a remembrance reception at Windsor Castle. The combat cameraman later revealed his heartfelt joke to the monarch.