Category : Search result: household debt


Croydon gains £120m in Fair Funding review

Croydon Council is set for a £120m funding boost over three years after a historic government review. The new Fair Funding 2.0 model aims to better reflect local need, but the borough's massive debt remains a challenge. Read the full story.

15 Expert Cleaning Hacks for Christmas

Discover 15 simple, expert-approved household tips to get your home sparkling clean before the festive season. From teabags to ketchup, learn the secrets of professional cleaners.

Grand Slam Track owes athletes huge sums, future uncertain

World Athletics warns the Michael Johnson-backed Grand Slam Track may not return in 2026 despite bankruptcy filing. Stars like Sydney McLaughlin-Levrone are owed hundreds of thousands. Read the full financial crisis details.

Six BBC funding options if licence fee is scrapped

As the government launches its green paper on BBC charter renewal, we examine the six potential funding models on the table, from subscriptions to a household levy, and rate their likelihood.

Leon warns of closures after £8 million loss

Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.

Thames Water profits leap as funding crisis looms

Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.

OBR's Long-Term Debt Warnings Threaten UK Economy

Beyond the public feud with Chancellor Rachel Reeves, the OBR's reports reveal a perilous long-term fiscal outlook for the UK, with high debt and demographic pressures risking financial stability. Read the full analysis.

UK Economy Grows in Q3 2025 on Data Centre Boom

The UK economy grew by 0.2% in Q3 2025, ending a technical recession. A surge in data centre investment and a rise in household spending drove the recovery. Read the full analysis.

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.

Price shock: 1995 vs 2025 costs revealed

From pints to property, discover how prices have changed since 1995. See how your favourite items compare in this eye-opening cost analysis of everyday essentials.

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.

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.

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