Category : Search result: household debt


UK savings rate falls to 9.5% in Q3 2025

The UK household saving ratio fell to 9.5% in Q3 2025, down from 10.2%. Economists note caution persists as savings remain above pre-pandemic levels. Read the full analysis.

How to clear debt in 2026: Expert's essential tips

Financial expert Vicky Parry reveals actionable strategies to tackle credit card and overdraft debt. Learn about balance transfers, consolidation loans, and smart budgeting to achieve a debt-free 2026.

Young Senator's Student Debt Cut Sparks Backlash

Australia's youngest senator, on a salary of nearly £125,000, faces criticism for celebrating a 20% student debt cut. Critics call the policy unfair, benefiting high earners most.

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.

50+ Ways to Slash Your Bills & Save £500+

Discover expert money-saving hacks that could save British households over £500 annually on energy, food, and household bills with simple lifestyle changes.

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.

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.

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.

5 million Brits in debt for basic necessities

Shocking new data shows 5 million Brits have borrowed money for essentials as energy bills and food prices soar, with debt advice demand hitting unprecedented levels.

Global Debt to Hit 100% of GDP by 2029 - IMF

The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.

250,000 Brits borrowing to pay basic bills

Shocking new research reveals 250,000 UK residents are turning to credit cards and loans just to cover essential expenses, with energy bills becoming increasingly unaffordable.

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