Category : Search result: US debt crisis


Ofwat Rejects Thames Water Bailout, Collapse Looms

Britain's water regulator, Ofwat, has dealt a crushing blow to Thames Water's recovery plan, rejecting its plea for higher bills and lenient penalties. This decision pushes the debt-laden utility, serving 16 million customers, closer to a potential govern

UK Economic Crisis as Borrowing Costs Soar to 10-Year High

Britain faces a severe economic storm as government borrowing costs hit alarming highs, sparking fears of a fiscal crisis. Chancellor Rachel Reeves confronts mounting pressure amid market turmoil and Labour's internal reshuffle.

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.

Govt plans emergency Thames Water takeover amid debt crisis

Exclusive: Ministers and regulators prepare contingency plan for Thames Water's potential collapse as Britain's largest water supplier struggles under massive debt burden, raising concerns about bills and service delivery.

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

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.

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.

Investor warns of new economic crisis

A veteran investor who foresaw the 2008 financial meltdown warns of an impending 'economic heart attack' in the US, citing unsustainable debt and market instability.

UK debt crisis deepens as borrowing soars

Britain's national debt has skyrocketed, sparking fears of impending tax rises as the government scrambles to balance the books. Experts warn of tough economic times ahead.

HECS-HELP debt reduction plan explained

The Australian government's proposed changes to HECS-HELP could significantly reduce student debt. Here's how the new bill works and who stands to benefit.

Vinnie Jones & A-Listers Hit by Debt Crisis

Former footballer Vinnie Jones, alongside celebrities like Bradley Cooper and Robbie Williams, are embroiled in a financial scandal as their firm collapses under massive debt. Read the shocking details.

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