Category : Search result: financial debt


Gen Z Debt: 27% Default, Risking Mortgages

Over a quarter of UK Gen Z have defaulted on debt. Learn what a default means, its serious consequences for your credit file, and how to avoid one to protect your financial future.

Women hit harder by public debt in Scotland

New research reveals women in Scotland are disproportionately driven into poverty by public debt collection. A wake-up call for policymakers to reform harsh recovery methods.

FCA Warning: £500 Mortgage Notes Are Worthless

The FCA warns mortgage holders against 'golden ticket' promissory notes costing £500+ that fail to clear debts. Struggling borrowers should contact lenders directly for real help.

Martin Lewis: Ban Unnecessary Christmas Gifts

Money expert Martin Lewis urges a ban on 'unnecessary' Christmas presents to break a cycle of debt and stress. Discover his social banking theory and UK spending stats.

Financial Literacy Lessons Schools Must Teach Kids

Financial expert Vicky Parry reveals the five crucial money management skills, from debt to pensions, that every child needs to learn for a secure financial future. Master your finances today.

Gen Z's BNPL Spending Revolution

Discover how 'Buy Now, Pay Later' services are revolutionising shopping habits among young Brits, offering flexibility while raising financial concerns.

Barefoot Investor's legal crisis over wedding loan essay

Australian financial guru Scott Pape faces legal turmoil after his controversial essay about a couple who funded their extravagant wedding through personal loans. Discover how financial advice turned into courtroom drama.

195,000 households get energy debts wiped clean

Major energy debt relief announced as regulator clears £25 million in outstanding bills for vulnerable households across Great Britain. Find out if you're eligible for this financial lifeline.

HMRC helps 195,000 taxpayers with payment plans

Struggling with tax payments? HMRC's expanded Time to Pay scheme offers breathing space to nearly 200,000 taxpayers. Discover how this initiative helps individuals and businesses manage their tax liabilities during financial hardship.

Surrey Labour splits over £1.2bn council debt crisis

Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.

Woking Council declares bankruptcy with £1.9bn debt

Woking Borough Council faces financial collapse with a staggering £1.9bn deficit, joining a growing list of UK local authorities in crisis. Discover how risky investments and government funding cuts created this perfect storm.

Trump's $7.8 Trillion Debt Bomb Exposes GOP Hypocrisy

Exclusive analysis reveals stunning Republican U-turn on fiscal responsibility as Trump-era policies and pandemic spending drive US debt to unprecedented levels, creating a political minefield for the GOP.

US per capita debt surpasses Greece and Italy

Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.

ATO enlists debt collectors for tax recovery

The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.

US National Debt Crisis Accelerates at Record Pace

The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.

FCA Under Fire Over Soaring Consumer Complaints

The Financial Conduct Authority faces mounting criticism as consumer complaints against financial firms skyrocket, revealing serious gaps in investor protection and regulatory oversight.

Financial stress epidemic hits millions in UK

New research reveals a growing mental health crisis as financial pressures mount across England and Wales, with Citizens Advice reporting record numbers seeking help for debt-related stress.

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