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.
Category : Search result: public debt
Reeves forced into borrowing spree as fiscal plans unravel
Chancellor Rachel Reeves confronts harsh economic reality as soaring debt costs and weak growth force major borrowing increases, putting Labour's fiscal rules under severe pressure.
Barcelona's £138m Debt Crisis Exposed in Documents
Shocking financial documents expose Barcelona's £138 million debt turmoil as club faces mounting pressure despite recent cost-cutting measures and player sales.
UK government borrowing hits record September high
Chancellor Rachel Reeves confronts unprecedented September borrowing figures while MPs push for wealth taxes in upcoming budget decisions.
UK borrowing outstrips forecasts as Amazon outage hits
UK government borrowing surged past official predictions in September, creating an early challenge for Chancellor Rachel Reeves. The financial uncertainty coincides with a major Amazon Web Services outage that disrupted global businesses before being reso
UK borrowing hits record September high of £15.9bn
New figures reveal UK government borrowing hit £15.9 billion in September 2025 - the highest for that month since records began. Chancellor Rachel Reeves faces mounting pressure as debt costs spiral and economic challenges deepen.
Global South Debt Crisis: Western Inaction Strangling Nations
Exclusive analysis reveals how mounting debt payments are crippling Global South economies while wealthy nations delay meaningful action. Discover the human cost and potential solutions.
Bailiffs visit one UK home every 59 seconds
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
UK government borrowing costs hit 20-year high
Chancellor Rachel Reeves faces mounting pressure as UK government borrowing costs surge to their highest level in two decades, threatening Labour's economic plans and increasing pressure on public finances.
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.
Dalio: US Debt Crisis Could Spark Internal Conflict
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
ATO chases decades-old tax debts from Australians
The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.
HMRC's 'Breathing Space' for 1.4M in Tax Debt
Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.
UK Car Debt Crisis Echoes 2008 Financial Shock
Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.
Daily Mail's Stark Warning: UK Economic Crisis Looming
The Daily Mail issues a powerful critique of the UK's unsustainable economic trajectory, warning of dire consequences from unchecked public spending, soaring debt, and a looming crisis that threatens future generations.
UK Borrowing Hits £37.6bn, Exceeding Forecasts
Chancellor Rachel Reeves faces a stern fiscal test as UK public sector borrowing hits £37.6bn for the first five months of the financial year, exceeding official forecasts and complicating Labour's spending ambitions.
Australia's £50BN Debt Interest Time Bomb
Australia is facing a severe fiscal crisis as interest payments on its national debt are projected to skyrocket, consuming an ever-larger portion of the federal budget and threatening future economic stability.
Mum clears £36k credit card debt with simple method
A UK mother reveals her simple but effective 'snowball method' to become debt-free, paying off a staggering £36,000 in credit card debt on an average income. Her story is an inspiration to families struggling with the cost of living.
Debt Collector Hell: Pursued for a Stranger's Bills
A UK man's five-year ordeal with relentless debt collectors over a stranger's unpaid bills exposes a shocking flaw in the system. Discover how to protect yourself from wrongful debt pursuit.
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.
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.
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