Category : Search result: debt UK


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.

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.

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.

Boy, 13, dies after being thrown into river over debt

A 13-year-old boy has tragically lost his life after being thrown into a river following a dispute over a £40 debt. The shocking incident has left the community in mourning and raised urgent questions about youth safety.

New UK doctors face crippling £100k+ debts

A recent report by the British Medical Association highlights the severe financial burden on newly qualified doctors, with many facing debts exceeding £100,000.

Scottish clubs owe £22m in COVID loans

Scottish football clubs are under scrutiny as they collectively owe more than £22 million in unpaid COVID-19 loans to the UK government, raising concerns over financial stability in the sport.

Bailiffs chase wrong woman over council tax error

A woman is battling to clear her name after bailiffs threatened her over unpaid council tax – for a property she's never even lived in. The shocking error has left her fearing for her credit score and reputation.

Australia slashes student loan debt

The Australian government has announced significant cuts to student loan debt, offering relief to millions of borrowers. Find out how this will impact graduates and the education sector.

Investor warns of new economic crisis

A veteran investor who foresaw the 2008 financial meltdown warns of an impending 'economic heart attack' in the US, citing unsustainable debt and market instability.

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