HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
Category : Search result: debt warning
Global Debt to Hit 100% of GDP by 2029 - IMF
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
Dalio: US Debt Crisis Could Spark Internal Conflict
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
Credit card warning: This habit costs thousands
Millions of Brits are unknowingly risking their financial security with a simple credit card habit that could destroy their credit score and leave them in debt.
Billionaire Paul Tudor Jones Issues Stark US Economy Warning
Billionaire investor Paul Tudor Jones sounds alarm on America's fiscal crisis, soaring debt, and political instability in exclusive interview, revealing his cautious investment strategy.
Martin Lewis' urgent Buy Now Pay Later debt warning
Money Saving Expert founder Martin Lewis sounds alarm on BNPL services after witnessing friend's financial struggle, calling for urgent government regulation to protect vulnerable consumers.
Storm Amy death as 70mph winds batter UK coast
A man has died after being pulled from the sea in Kent as Storm Amy brings dangerous conditions with severe weather warnings for wind and flooding across Britain.
ATO chases decades-old tax debts from Australians
The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.
HMRC's 'Breathing Space' for 1.4M in Tax Debt
Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.
880-Mile 'Monster' Storm Heads For UK With 70mph Winds
The UK braces for a severe weather onslaught as an 880-mile-wide Atlantic storm system threatens 70mph winds and torrential rain, sparking urgent Met Office warnings for travel chaos and potential damage.
UK Car Debt Crisis Echoes 2008 Financial Shock
Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.
Daily Mail's Stark Warning: UK Economic Crisis Looming
The Daily Mail issues a powerful critique of the UK's unsustainable economic trajectory, warning of dire consequences from unchecked public spending, soaring debt, and a looming crisis that threatens future generations.
Australia's £50BN Debt Interest Time Bomb
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
Mum clears £36k credit card debt with simple method
A UK mother reveals her simple but effective 'snowball method' to become debt-free, paying off a staggering £36,000 in credit card debt on an average income. Her story is an inspiration to families struggling with the cost of living.
Debt Collector Hell: Pursued for a Stranger's Bills
A UK man's five-year ordeal with relentless debt collectors over a stranger's unpaid bills exposes a shocking flaw in the system. Discover how to protect yourself from wrongful debt pursuit.
Cruise passenger jumps overboard to escape gambling debt
A Royal Caribbean passenger made a desperate 80ft leap from the Symphony of the Seas to escape a staggering gambling debt, sparking a major rescue operation in Puerto Rico.
Foreign Office Issues Travel Warning for 20 Destinations
The UK Foreign Office has updated its travel advice for a significant number of countries, including holiday favourites Spain, Italy, and France. Here's the full list of destinations and the specific risks you need to know about before you book.
Met Office Amber Warning: 70mph Storm Threatens UK
The Met Office has escalated its weather warning to amber as a severe storm packing 70mph winds threatens widespread travel chaos, power cuts, and structural damage across the UK. Residents are urged to prepare for disruption.
Middle-Class Town Has Britain's Worst Household Debt
An exclusive Daily Mail investigation uncovers how Gedling, a Nottinghamshire town, has become the epicentre of Britain's personal debt crisis, with middle-class families facing crippling council tax arrears and a desperate cost-of-living battle.
UK Government Borrowing Hits 26-Year High
Chancellor Rachel Reeves faces a stern economic test as public sector net borrowing hits £27.6bn, the highest since 1999. Rising debt interest payments and welfare costs drive the surge, complicating Labour's fiscal plans.
UK Councils' £122bn Debt Crisis Forces Public Asset Fire Sale
Exclusive investigation reveals Britain's local authorities are drowning in unprecedented debt, with councils forced to sell schools, care homes, and sports facilities to stay afloat. The staggering £122bn debt pile equates to £1,700 for every person in t
School Uniform Scandal: Kids Working to Afford Blazers
An exposé into the dark side of the UK's school uniform industry, revealing how rigid policies trap families in a cycle of debt and force children into hidden labour to afford mandatory branded items.
Freshers Splurge £10k on 'Insane' Dorm Makeovers
A new trend sees British university freshmen spending thousands on luxury dorm room transformations, from custom furniture to high-end tech, sparking debates on student spending and social media influence.
Cancer patient's bank account frozen amid £30k debt
Exclusive: A father's stage 4 cancer battle triggers a financial crisis as his bank account is frozen and he's forced into over £30,000 of debt. This is the heartbreaking human cost of the disease.
Griff Rhys Jones: Young People's Futures Stifled
Comedian and writer Griff Rhys Jones delivers a powerful polemic on the generational injustice facing young Britons, from the housing crisis and student debt to a stifled creative economy.
Holidaymaker's £100 parking fine becomes £1,700 nightmare
A tourist's dream holiday in Cornwall turned into a financial nightmare after a disputed parking fine from a private firm spiralled into a £1,700 court battle. Discover how a common mistake led to a devastating legal loophole.
UK Amber Weather Warning: 'Danger to Life' as Storms Hit
The Met Office has escalated its weather warning to amber as a severe storm system threatens 'danger to life' from flying debris and coastal devastation across the UK. Travel chaos and major disruptions expected.
UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
Ofgem's £3bn Warning to Energy Firms Over Customer Debt
The UK energy regulator, Ofgem, has issued a stark warning to suppliers over a mounting £3 billion debt crisis. With millions struggling to pay bills, the regulator is demanding urgent plans to support customers and prevent a future financial catastrophe
Katie Price Ordered to Pay Alex Reid £760,000
Bankrupt glamour model Katie Price faces a fresh financial blow as a High Court judge orders her to pay ex-husband Alex Reid a staggering £760,000 in a long-running legal battle over unpaid loans and assets.
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