Pensioner forced to sell £600k home over council tax bill
A retired grandfather faces financial ruin and the devastating sale of his £600,000 home after a catastrophic administrative error led to a life-altering council tax debt.
Category : Search result: US government debt
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.
6 Million Brits Face Energy Debt Crisis This Winter
Exclusive new research reveals millions of UK households are being pushed into energy debt, with many forced to make desperate choices between heating and eating as bills soar.
1.7 Million UK Homes in Energy Bill Debt Crisis
A staggering 1.7 million UK households have fallen behind on their energy bills, with total debt hitting a record £3.1 billion. This winter, millions face the stark choice between heating and eating as the cost of living crisis deepens.
Badenoch Denies UK in Secret IMF Bailout Talks
Business Secretary Kemi Badenoch has categorically denied that the UK is in talks with the IMF for a financial bailout, calling the speculation 'ridiculous' amidst growing concerns over the nation's debt and welfare spending.
Harvey Norman Hit With Major 'Interest-Free' Class Action
Hundreds of Australian consumers have launched a major class action against retail giant Harvey Norman, alleging they were misled by 'interest-free' payment plans that trapped them in costly debt cycles.
Thames Water Delays £7.5m Charity Payment Amid Crisis
Thames Water postpones £7.5m charity payment as financial pressures mount, sparking outrage from environmental groups and raising fresh concerns over the utility giant's stability.
UK Welfare Scandal: Govt Apologises for False Debt Claims
Exclusive: A major administrative failure within the UK's welfare system, likened to Australia's 'Robodebt' scandal, has triggered a government apology and a planned compensation scheme for thousands wrongly accused of owing money.
Trump Speechless When Grilled on $8.4 Trillion Debt
Former US President Donald Trump was left speechless and stumbling over his words when a TV host confronted him with the staggering increase in the national debt during his administration.
Why Britain must stop fearing imaginary bond vigilantes
The Guardian argues that the UK is paralysed by a mythical fear of 'bond vigilantes', preventing vital investment in public services and infrastructure. It's time to abandon outdated economic dogma.
Thames Water crisis deepens as Ofwat rejects 40% bill hike
Britain's largest water company, Thames Water, faces a deepening crisis after regulator Ofwat rejected its plea for a 40% bill increase. The decision raises the spectre of a temporary government takeover as the utility grapples with massive debt and urgen
Rugby Australia's $80m Debt Crisis Puts Future in Jeopardy
Rugby Australia is battling a staggering $80m debt. The upcoming British & Irish Lions tour and a new broadcast deal are now critical to saving the sport from financial ruin.
Thames Water on the Brink: Ofwat Rejects Bailout
Britain's largest water company, Thames Water, faces potential collapse as regulator Ofwat blocks its rescue plan. With debts soaring to £15.6bn, the government prepares for a temporary nationalisation to avert a crisis for 16 million customers.
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
Bank forgives £1m debt for terminally ill cancer patient
Bank of Scotland clears £1,000,000 debt for terminally ill cancer patient Ian Pritchard after his emotional appeal went viral. Discover how this act of compassion brought relief to a family facing unimaginable hardship.
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.
France's Debt Crisis Threatens Government Collapse
Exclusive analysis reveals how France's spiralling debt crisis threatens to topple the government and force brutal austerity measures, echoing the worst days of the Eurozone crisis.
Labour faces internal fury over secretive FOI plans
The Australian Labor government is confronting a significant internal and cross-party backlash over proposed legislation that critics argue would severely restrict transparency and public access to government information.
Starmer Shakes Up Whitehall to Curb Treasury Power
Prime Minister Keir Starmer launches a radical restructuring of Number 10, aiming to decentralise power from the Treasury and reclaim control over domestic policy direction. The move signals a dramatic shift in how Downing Street operates.
UK Gilts Crash Following Labour's Autumn Budget
Chancellor Rachel Reeves faces market turbulence as her Autumn Budget sparks a sharp sell-off in UK government bonds. Discover the inside story behind the gilt market's dramatic reaction and what it means for Britain's economic future.
Starmer's TV Warning to Gaffe-Prone Treasury Minister Jones
Labour leader Sir Keir Starmer appoints Darren Jones as Treasury Minister despite a series of early blunders, sparking concerns about media performance and economic competence.
Reeves pushes Thames Water creditors to take major haircut
Exclusive: Chancellor Rachel Reeves pushes for significant losses for Thames Water's creditors in a radical restructuring plan, aiming to protect billpayers from the burden of the utility's massive debt.
Energy tycoon flees mansion as oil firm collapses in debt
Exclusive investigation reveals how oil magnate Andrew Perchard abandoned his multi-million-pound Surrey estate, leaving creditors owed millions as his firm, APEC Energy, entered administration.
Starmer Reshuffles Cabinet, Appoints New Chancellor
Prime Minister Keir Starmer executes a major government reshuffle, appointing a new Chancellor to Number 10 and promoting key allies to strengthen his economic and policy agenda.
Gov to wipe millions in Centrelink robodebts
In a landmark move, the Albanese government announces a sweeping eradication of historic Centrelink robodebts, offering financial reprieve to thousands of Australians ensnared by the controversial scheme.
Epping Forest Council declares 'independence' from government
In a bold political statement, Epping Forest District Council has symbolically declared independence from the UK government in protest against chronic underfunding and the 'broken' council tax system, vowing to withhold part of its payments.
Kate Garraway's New Debt Crisis After Derek's Death
Good Morning Britain's Kate Garraway faces a devastating financial burden of up to £800,000 in unpaid tax bills following her husband Derek Draper's death, despite returning to work. The emotional and financial toll of his care continues.
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.
Dutch Government Collapses in Immigration Policy Dispute
The Netherlands' ruling coalition government has collapsed following a bitter dispute over stringent new asylum and immigration policies, triggering a snap election and political crisis.
Taxpayer funds Swinney's stay at Trump Turnberry resort
Scotland's Deputy First Minister John Swinney sparks outrage as it's revealed public funds were used for an official stay at Donald Trump's luxury Turnberry resort, raising serious questions about government spending and propriety.
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