Category : Search result: company debt


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.

Former Crypto Boss Builds Companies for Private Equity

Discover how a former cryptocurrency executive is now creating businesses specifically designed for acquisition by major private equity firms like KKR and Apollo. Learn about this innovative investment strategy.

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.

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.

London vs Stockholm for Visma's €20bn IPO

Norwegian software giant Visma considers London or Stockholm for €20bn listing. Sir Ron Kalifa approached as potential chair in London's bid for major financial coup.

Whisper Films Founders Get £2.6m Dividend

Jake Humphrey and David Coulthard receive a bumper £2.6m payday as their production company, Whisper Films, posts record turnover and profit. Discover the financial details behind their success.

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.

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.

Man jailed for stealing £270,000 Banksy print

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.

Man jailed for stealing £270K Banksy print

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.

$50,000 Arts Degrees to Continue Until 2027

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.

Ineos cuts hundreds of jobs amid debt struggles

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.

7 BNPL Tips for a Debt-Free Christmas

Expert advice on using Buy Now Pay Later services wisely this festive season. Learn how to manage BNPL debt and protect your credit score with our essential tips.

Oxford Instruments shares surge despite profit decline

Oxford Instruments shares jumped nearly 10% as the FTSE 250 firm recovered from early-year disruption. Revenue fell 7.9% to £185.5m, but strong order momentum and semiconductor sales boosted investor confidence.

Sterling's fashion brand collapses with £1m losses

Chelsea footballer Raheem Sterling's luxury fashion brand 1692 has been officially dissolved after accumulating over £1 million in losses, marking a dramatic business failure for the England star.

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