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.
Category : Search result: sovereign debt
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.
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.
Pizza Hut Restaurants collapses with 1100 jobs lost
The UK's Pizza Hut Restaurants business has entered administration, leaving behind £30m in debts and resulting in the immediate loss of 1100 jobs across 29 locations.
Tax Office pays private debt collector £42m
The Australian Taxation Office has paid debt recovery firm RecoveriesCorp over £42 million to chase unpaid taxes, raising serious questions about outsourcing public debt collection to private contractors.
Data Centre Boom Fuels £1.4 Trillion Debt Surge
The explosive growth of data centres worldwide is creating a massive £1.4 trillion debt bubble, driven by insatiable AI and cloud computing demands. Discover how this digital gold rush is reshaping global finance and raising alarm bells among investors.
Prince Andrew in line for royal payout and annual stipend
Exclusive sources reveal the Duke of York is in line for a substantial six-figure payment and ongoing annual stipend as part of King Charles's financial arrangements for the monarchy.
FCA warns over wealth consolidator risks
UK financial watchdog reveals serious concerns about conflicts of interest and unsustainable borrowing practices among wealth management consolidators, warning of potential consumer harm.
Energy firms hold £240m in customer credit - Ofgem
Ofgem investigation reveals energy suppliers are sitting on £240 million of customer credit from old accounts, with nearly two million households due refunds.
Energy bills to rise 5% as suppliers chase £500m debt
Millions of UK households are bracing for a double blow as energy bills are projected to rise by 5% while suppliers seek to recover nearly £500 million in customer debt through increased charges.
Abu Dhabi Challenges London & NY Financial Dominance
Abu Dhabi launches an aggressive strategy to transform into a global financial powerhouse, challenging established hubs like London and New York with massive sovereign wealth backing and strategic reforms.
BNPL Habits Threatening UK Mortgage Applications
Exclusive investigation reveals how 'buy now, pay later' schemes are secretly damaging mortgage applications across the UK. Lenders are cracking down on invisible debt.
Ofgem to clear £3bn energy debt via bill increase
Millions of UK energy customers face a small bill increase as regulator Ofgem proposes clearing £3 billion in customer debt through a temporary charge, while also increasing support for vulnerable households.
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