Category : Search result: debt calculation


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

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.

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.

DWP begins recovering overpaid benefits

The Department for Work and Pensions (DWP) has started reclaiming overpaid benefits from claimants. Find out how this affects you and what steps to take.

UK students face yearly tuition fee hikes

University students across the UK are grappling with yet another yearly hike in tuition fees, raising concerns over affordability and access to higher education.

Boy, 13, dies after being thrown into river over debt

A 13-year-old boy has tragically lost his life after being thrown into a river following a dispute over a £40 debt. The shocking incident has left the community in mourning and raised urgent questions about youth safety.

New UK doctors face crippling £100k+ debts

A recent report by the British Medical Association highlights the severe financial burden on newly qualified doctors, with many facing debts exceeding £100,000.

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