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.
Category : Search result: debt
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.
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.
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.
Page 1 of 1