Category : Search result: debt restructuring


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.

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.

ANU Abandons Forced Job Cuts in Major Policy Reversal

The Australian National University has scrapped its controversial compulsory job cuts programme following fierce opposition from staff and unions. The landmark decision marks a significant shift in the university's restructuring plans.

Sky axes 600 UK jobs in major restructuring shake-up

Broadcasting giant Sky announces plans to cut 600 UK roles in a significant restructuring effort, impacting technology and head office teams. The move aims to streamline operations and respond to evolving market demands.

Sky axes 600 UK jobs in major streaming shift

Sky is cutting 600 UK jobs as part of a major operational review, shifting resources from satellite to streaming services. The move impacts technical and engineering roles amid changing viewer habits.

Amazon Axes 100+ Music & Twitch Roles

Amazon announces significant layoffs within its music streaming and Twitch divisions, cutting over 100 roles in Los Angeles and Puerto Rico as part of a broader restructuring effort.

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.

Pharma Giant Cuts 9,000 Jobs in Major Restructure

A major pharmaceutical multinational has announced a drastic cost-cutting plan, putting 9,000 roles at risk globally. The move signals deepening turmoil within the industry, raising concerns for the UK's strategic life sciences sector.

Reach PLC Announces Restructuring, 450 Jobs at Risk

UK publishing powerhouse Reach PLC, owner of the Daily Mirror and Express, has unveiled a significant restructuring plan that could lead to 450 job cuts. The move is a strategic response to a challenging print market and rising costs, aiming to refocus on

NSW regulator lifts order blocking UTS job cuts

The University of Technology Sydney can proceed with its controversial restructure after the NSW regulator lifted its order, despite ongoing union concerns over job losses and transparency.

Atlassian Axes 5% of Staff in Major AI Restructuring

Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.

Smokey Bones closes UK restaurants in strategic shake-up

American restaurant chain Smokey Bones, a direct competitor to TGI Fridays, has suddenly closed several of its UK branches. The closures are part of a major strategic review, leaving customers and staff surprised. Find out which locations are affected and

Claire's to close UK stores in restructuring move

Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.

Lloyds Bank Puts 1,600 Jobs Under Review in Restructure

Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.

Thames Water: Creditors propose £20bn rescue package

Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.

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.

Lotus to Cut 200 Jobs in Major Electric Vehicle Restructure

Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.

Page 3 of 4