Ray Dalio: UK in 'Debt Doom Loop', Tax Rises Likely
Hedge fund billionaire Ray Dalio warns the UK is trapped in a 'debt doom loop' that could force tax rises and prolonged economic stagnation. Discover the risks and potential solutions.
Category : Search result: debt writeoff
NBA's Marcus Morris arrested over casino debt fraud
Philadelphia 76ers forward Marcus Morris Sr. has been arrested in Florida on fraud charges linked to an unpaid casino debt. The incident has sent shockwaves through the NBA community.
Australian student debt crisis across generations
New data reveals the staggering rise in Australian student debt across generations, with younger graduates facing unprecedented financial burdens under the HECS-HELP system.
Martin Lewis warns against costly credit card mistake
Money-saving expert Martin Lewis reveals a common credit card mistake that could leave Brits facing massive debt. Learn how to protect your finances.
50-year marriage nearly destroyed by secret £60k debt
A seemingly perfect marriage at 50 was nearly torn apart by a hidden financial betrayal. Discover how one couple faced the truth and rebuilt their lives.
BNPL shake-up: New rules to protect UK shoppers
The UK government is cracking down on 'Buy Now, Pay Later' schemes with stricter regulations to shield shoppers from hidden fees and spiralling debt. Here's what you need to know.
Country star faces debt after Vegas residency
A major country music star is reportedly in debt following a high-profile Las Vegas residency. Find out the latest on their financial woes and career challenges.
Venmo data shows Americans struggling with government debt
New analysis of Venmo transactions exposes the financial struggles of millions of Americans with government debt. Discover how payment app data paints a worrying picture of economic hardship.
From £1K-a-week cocaine habit to redemption
A former addict shares her harrowing journey through a £1,000-a-week cocaine habit, £10,000 debt, and near-death experiences before finding redemption.
Student debt crisis threatens UK universities
UK universities are on the brink of financial disaster as student loan debts soar, risking long-term damage to higher education.
James Haskell's £1.5M Debt Crisis
Former rugby star James Haskell faces mounting financial troubles, with debts soaring to £1.5 million amid a legal battle over a damaged rental property and failed gym venture.
School supply costs leave parents in debt
Rising prices for essential school items, driven by tariffs and inflation, are pushing families into debt ahead of the new academic year.
UK debt crisis deepens as borrowing soars
Britain's national debt has skyrocketed, sparking fears of impending tax rises as the government scrambles to balance the books. Experts warn of tough economic times ahead.
Trump admin changes student loan forgiveness rules
The Trump administration is under fire for altering income-based repayment plans, potentially leaving millions of borrowers with higher student loan bills.
Education Dept in crossfire over student debt relief
The US Education Department is caught in a political crossfire as Trump and Biden clash over student loan forgiveness policies, sparking legal battles and public outcry.
Albanese and Ley clash in heated Parliament debate
Tensions rise in Canberra as PM Anthony Albanese and opposition leader Sussan Ley spar over student loan reforms and climate commitments during a fiery Question Time session.
Reeves warns of tax burden as UK borrowing hits record high
Chancellor Rachel Reeves highlights concerns over increasing tax pressures as UK government borrowing reaches unprecedented levels following the Covid pandemic.
Coffee shop owner's viral rant shocks New York
A New York coffee shop owner faces backlash after a heated confrontation with a customer over unpaid bills and 'messy' artwork, sparking outrage online.
Supermarket demands payment for unpaid 10p bags
Customers of a major UK supermarket chain were left baffled after receiving debt collection letters demanding payment for unpaid 10p bags – some dating back years.
UK government borrowing hits record high outside Covid
UK public sector borrowing hits £16bn in June, double last year's figure, sparking concerns over potential tax increases under Chancellor Rachel Reeves.
Labor and Coalition unite on HECS debt reform
In a rare show of bipartisanship, Australia's Labor and Coalition parties have joined forces to pass legislation easing the burden of HECS debt for millions. Discover how this historic move could reshape higher education financing.
Australia slashes student loan repayments by 20%
The Australian government has announced a significant reduction in HECS repayment rates, cutting student loan obligations by 20%. Find out how this impacts graduates and the education sector.
Trump tax cuts could add trillions to US debt: CBO
A new Congressional Budget Office report reveals that Donald Trump's proposed tax cuts could add trillions to the US national debt, sparking economic concerns.
HECS-HELP debt reduction plan explained
The Australian government's proposed changes to HECS-HELP could significantly reduce student debt. Here's how the new bill works and who stands to benefit.
BNPL Risks: Klarna's Debt Dangers Exposed
As Buy Now, Pay Later schemes like Klarna dominate UK retail, experts warn of mounting debt risks and call for stricter regulation to protect consumers.
Peppa Pig toy boss may lose home over £2.6m debt
The former CEO of the company behind Peppa Pig toys is at risk of losing his £1.5m home as creditors demand repayment of a staggering £2.6m debt.
John Torode's £1.7m tax debt forces business collapse
MasterChef judge John Torode's restaurant empire faced a dramatic collapse after accumulating a staggering £1.7m tax debt. Discover the full story behind the financial downfall.
Student debt relief for doctors to prevent NHS strikes?
Health Secretary Wes Streeting considers writing off part of doctors' student debts to avert potential NHS strikes, as tensions rise over pay and working conditions.
Vinnie Jones & A-Listers Hit by Debt Crisis
Former footballer Vinnie Jones, alongside celebrities like Bradley Cooper and Robbie Williams, are embroiled in a financial scandal as their firm collapses under massive debt. Read the shocking details.
UK Debt Crisis: Watchdog Warns of Economic Peril
Britain's fiscal watchdog raises alarm as national debt surges, urging immediate action to avert economic disaster. Chancellor Reeves faces mounting pressure to deliver growth.
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