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.
Category : Search result: debt distress
Florida Mother's Desperate 911 Call: 'He's Got My Baby!'
A frantic Florida mother's harrowing 911 call reveals the terrifying moment her child was snatched in a shocking abduction case that has left authorities searching for answers.
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.
Gary Lineker's 'The Box' Contestants Left in Tears
BBC presenter Gary Lineker's new reality show 'The Box' has sparked controversy as contestants face extreme isolation, with producers forced to intervene after psychological distress.
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.
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.
Passenger tries to open plane door mid-flight on Korean Air
A major security incident unfolded aboard a Korean Air flight as a passenger attempted to open an emergency exit door mid-flight, forcing an emergency landing at Incheon Airport. The suspect, reportedly in a state of mental distress, is now in custody.
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.
New Rule Lets Banks Hide Signs of Financial Distress
A controversial new regulation permits UK banks to temporarily hide key indicators of financial instability, sparking debate between consumer protection and financial stability.
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.
Horror Film 'The Exorcism of Carmen Farinas' Hospitalises Viewers
Shocking reports emerge of severe psychological distress and hospitalisations linked to the new horror film 'The Exorcism of Carmen Farinas'. Experts and viewers warn this might be the most disturbing movie ever made.
Kayaker jailed for faking drowning death in insurance scam
A Wisconsin man who staged his own drowning in Lake Michigan to start a new life with his mistress has been sentenced to federal prison for fraud and false distress signals.
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.
Child Benefit Blocked for Thousands of UK Families
Exclusive: HMRC's new identity verification system locks out thousands of legitimate claimants, causing financial distress and mounting frustration among British families.
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.
UK Borrowing Costs Hit 27-Year High Amid Reeves Scrutiny
Chancellor Rachel Reeves faces intense scrutiny after UK government borrowing costs surge to levels not seen since 1997, raising fears about Labour's spending plans and economic stability.
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.
DWP begins recovering overpaid benefits
The Department for Work and Pensions (DWP) has started reclaiming overpaid benefits from claimants. Find out how this affects you and what steps to take.
Andrew Tate's Dubai luxury clashes with Essex legal issues
Controversial influencer Andrew Tate flaunts wealth in Dubai while bailiffs target his mother's Essex home over unpaid debts.
Single mum's £14k divorce debt battle
A single mother shares her heartbreaking journey into £14,000 debt after divorce and reveals how she turned her finances around.
Bailiff firm repays millions after overcharging
Britain's biggest bailiff company has been forced into a major refund programme after regulators found it systematically overcharged vulnerable customers, sparking outrage.
UK students face yearly tuition fee hikes
University students across the UK are grappling with yet another yearly hike in tuition fees, raising concerns over affordability and access to higher education.
Student debt crisis: Is university still worth it?
As student debt soars, many young Britons question whether a university degree is still a viable path to success. Explore the financial and emotional toll of higher education.
US National Debt Hits Record High Under Trump and Biden
The US national debt has surged to unprecedented levels, with both Trump and Biden administrations contributing to the staggering increase, according to the latest Treasury Department report.
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