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.
Category : Search result: data centre debt
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.
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.
WhatsApp data leak affects billions of users
Security researchers discovered a method to expose WhatsApp users' phone numbers and profile data. Learn how to protect your privacy and what this means for your security.
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.
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.
23,500 families lose child benefit in data error
Thousands of UK families had child benefit suspended due to flawed Home Office travel data. MPs demand inquiry into system failures causing financial hardship.
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.
Tate Galleries job applicant data leaked online
Sensitive details of over 100 Tate galleries job applicants exposed in data breach, including addresses and salaries. Discover how it happened and what's being done.
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.
1 in 4 Brits borrow from family instead of banks
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.
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.
Woolwich's new £115m water park replaces old centre
Woolwich Waves, a new £115 million water park, is set to open in December, replacing the demolished 1980s Waterfront Leisure Centre. Discover the new facilities and regeneration plans.
Woolwich Leisure Centre Demolition for Housing Approved
Greenwich Council confirms the 30-year-old Waterfront Leisure Centre will be demolished to make way for new housing once the state-of-the-art Woolwich Waves opens next month.
Medomsley Detention Centre Abuse Ignored for Decades
Shocking report reveals how authorities ignored decades of horrific abuse at Medomsley Detention Centre, where officer Neville Husband became Britain's most prolific sex offender.
Britain's worst sex offender unmasked in report
A damning report reveals Neville Husband, a prison officer and church minister, raped hundreds of boys, surpassing Jimmy Savile's offences. Discover the full story.
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