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.
Category : Search result: business debt
Nestlé UK CEO sacked over undisclosed relationship
Nestlé's UK & Ireland boss, Stefano Agostini, has been abruptly dismissed after nearly four decades with the company for failing to disclose a personal relationship with a colleague, breaching strict corporate governance rules.
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.
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.
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.
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.
Family Feud Forces Eviction of VW Garage After 60 Years
The Freccia brothers' Volkswagen garage in Connecticut faces a shocking eviction after six decades. A bitter family trust battle forces the closure, leaving the community and 15 employees devastated. Read the full story of this local institution's downfal
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.
John Barnes settles tax debt, exits bankruptcy
England and Liverpool icon John Barnes has finalised a significant payment to HM Revenue & Customs, officially concluding his bankruptcy proceedings after a three-year financial ordeal.
Bosnian refugees build £15m food empire in UK
Two brothers who fled the Bosnian War with just £300 have built a £15 million food manufacturing business in the UK, employing 150 people and supplying major supermarkets.
Corrie Star Jennie McAlpine's Huge Debts Revealed After Eatery Closes
Coronation Street actress Jennie McAlpine, famed for playing Fiz Brown, faces a severe financial crisis as her Manchester restaurant, Annie's, collapses into administration, revealing debts exceeding £100,000 and leaving creditors unpaid.
Man's £100 parking check reveals shocking £23,500 council debt
A motorist checking a £100 parking penalty was left reeling after uncovering a colossal £23,500 debt erroneously linked to his car. This astonishing administrative error by Westminster City Council highlights a dramatic system failure.
Royal Mail's Parent Firm Secures Major US Postal Contract
Exclusive: Royal Mail's parent company, IDS, secures a pivotal 7-year contract with the US Postal Service to handle stateside parcel deliveries, aiming to reverse fortunes after a bruising year of losses and industrial disputes.
UK Services Confidence Slumps on Costs and Weak Demand
New data reveals a sharp decline in optimism across Britain's vital services sector, driven by mounting cost pressures and subdued consumer demand, raising concerns for the economic outlook.
First-time buyer left with £50k debt over broken home scheme pledge
A young first-time buyer's dream turns into a financial nightmare as her local council allegedly reneges on a government scheme promise, leaving her with crippling debt and an uninhabitable property.
Scots Govt in Standoff with Ofgem Over Ukraine Energy Bills
The Scottish Government accuses energy regulator Ofgem of 'passing the buck' and failing to protect displaced Ukrainian families from crippling debt and high tariffs, escalating a major political row.
3m Australians Eligible for £600 Centrelink Payout
In a landmark ruling, the Australian government is poised to compensate nearly three million citizens after a federal court found Centrelink's automated debt calculation system was unlawful. Discover who is eligible and how to claim.
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 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
Time Out Magazine Exits London for Manhattan HQ
In a seismic shift for media, Time Out Magazine abandons its London birthplace after 55 years, relocating its global headquarters to Manhattan. Discover the reasons behind this historic move.
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.
Coca-Cola in Talks to Sell Costa Coffee Chain
The Coca-Cola Company is reportedly in advanced discussions to divest its Costa Coffee chain, just six years after its landmark £3.9bn acquisition. The potential sale signals a significant strategic shift for the beverage giant.
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.
Mum's incredible career U-turn with dream dessert business
A disillusioned office worker ditches her 9-5 to launch a spectacular dessert parlour, creating a viral sensation and building a six-figure business from scratch.
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.
Karren Brady's Brutal Apprentice Put-Downs Exposed
An inside look at Baroness Karren Brady's most scathing boardroom critiques and how she reshaped failing businesses on The Apprentice. Discover her legendary one-liners and no-nonsense approach.
UK's 5-Point Economic Reform Plan Unveiled by Chancellor
Exclusive insights from Day Two of the UK's Economic Reform Roundtable reveal a landmark consensus on deregulation, skills investment, and a new 'Brexit Dividend' for British industry. Discover the five key takeaways shaping Britain's economic future.
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