Category : Search result: Personal Debt


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.

Wales Tops UK Insolvency Chart as Personal Debt Crisis Bites

Exclusive analysis reveals a personal debt crisis gripping Britain, with Wales recording the highest rate of insolvency procedures in England and Wales. Discover the regional hotspots and the alarming 15% annual surge in IVAs.

Personal Insolvencies Surge 23% in England & Wales

New government data reveals a sharp 23% rise in personal insolvencies across England and Wales. Individual Voluntary Arrangements (IVAs) are the primary driver, highlighting a growing debt crisis.

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.

Clear Your Mortgage Using 1940s Frugal Habits

Discover how one UK homeowner paid off her mortgage in record time by adopting wartime thriftiness. Get her top 10 practical, modern-day frugal living tips that really work.

Middle-Class Town Has Britain's Worst Household Debt

An exclusive Daily Mail investigation uncovers how Gedling, a Nottinghamshire town, has become the epicentre of Britain's personal debt crisis, with middle-class families facing crippling council tax arrears and a desperate cost-of-living battle.

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.

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