Category : Search result: travel debt


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.

Couple's global travel dream ends after 3 months

A British couple's bold decision to sell everything for permanent travel ended in unexpected disappointment as reality shattered their wanderlust dreams. Discover why their global adventure lasted mere months.

Gen Z's loan-funded holiday crisis revealed

Young Brits are taking out personal loans to fund luxury holidays they can't afford, with one in five 18-24 year olds now borrowing for travel. Discover the risks and realities behind this worrying trend.

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.

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.

Solo Traveller's €100 Bar Bill Shock: A Warning

A solo female traveller's shock after a casual meal in a European bar resulted in a staggering £90 bill serves as a crucial cautionary tale for all independent explorers. Discover her story and the essential tips to avoid similar scams.

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.

Travel The World For Free: My £45k Accommodation Hack

Discover the ingenious travel hack that allowed one adventurer to explore the globe without ever paying for a hotel. This real-life guide reveals how you too can slash your travel costs and embark on the journey of a lifetime.

Why My Solo Birthday Trip Was Life-Changing

Discover how one woman's solo birthday adventure to a mystery UK destination transformed her perspective on travel, independence, and self-discovery. An inspiring read for anyone considering travelling alone.

Joey Essex's Firm Collapses with £1.2M Debt

TOWIE star Joey Essex's management company plunges into administration with staggering £1.2 million debt, leaving creditors unpaid as his entertainment career continues to flourish.

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.

Foreign Office Issues Travel Warning for 20 Destinations

The UK Foreign Office has updated its travel advice for a significant number of countries, including holiday favourites Spain, Italy, and France. Here's the full list of destinations and the specific risks you need to know about before you book.

Why Women Choose Solo Travel Over Marriage

Discover the empowering trend of solo female travel as women prioritise adventure and self-discovery over settling down. Learn the safety tips and destinations shaping this movement.

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.

Thames Water crisis deepens as Ofwat rejects 40% bill hike

Britain's largest water company, Thames Water, faces a deepening crisis after regulator Ofwat rejected its plea for a 40% bill increase. The decision raises the spectre of a temporary government takeover as the utility grapples with massive debt and urgen

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