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.
Category : Search result: sovereign debt
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.
Bahrain Supreme Court Fight Over UK Surveillance Claims
Bahrain argues for sovereign immunity in UK Supreme Court over alleged digital surveillance of dissidents. Landmark case could reshape how authoritarian states monitor critics on British soil.
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.
Reeves Faces £2.7tn Bond Market Test in Crucial Budget
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?
Northwestern Mutual: Graduates Left in Debt and Ruin
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.
Black Friday BNPL Warning: Regulation Coming 2026
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.
Energy price cap rises to £1,758 from January
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.
UK invests billions in AI to tackle jobs crisis
The UK government unveils a major AI investment package to spur job creation, as employers warn of workforce reductions driven by automation and rising costs. Discover the plan.
Asda sells 24 stores in £568m deal amid debt
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 raises £568m from supermarket sell-offs
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.
US boycott of G20 sparks South Africa 'coercion' claim
South Africa accuses the US of 'coercion by absentia' after Trump administration boycotts G20 summit and blocks final declaration over policy disagreements.
Reeves faces £111bn debt crisis, must break manifesto pledge
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.
Man jailed for stealing Banksy's £270k artwork
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.
Mum turns £15,000 debt into inheritance for kids
Discover how a Glasgow mother transformed £15,000 credit card debt into a savings and investment strategy to build generational wealth for her children.
Saudi official in US despite Twitter spy allegations
Senior aide to Mohammed bin Salman faces scrutiny over Twitter infiltration scheme while crown prince enjoys sovereign immunity protection during US visit. Read the full investigation.
Germany's economic struggles under Merz continue
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 eyes £1bn sale of 1,000 UK pubs
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.
Panthera Finance faces 15 charges in court battle
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 bids £1bn extra for Thames Water rescue
Castle Water proposes additional £1bn cash injection for Thames Water, criticising current restructuring plans as inadequate for solving pollution crisis. Read the latest developments.
Debt Collector Allegedly Operated While Banned
Panthera Finance allegedly collected $60m from Victorians while banned. Consumer Affairs Victoria takes legal action. Affected consumers may be entitled to refunds.
Enfield Council's £1.2bn Debt Crisis
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.
Page 2 of 3