UK Credit Card Debt Jumps 12.1% Amid Cost of Living Strain
UK credit card borrowing hits £1bn as households struggle with high living costs. Debt charity StepChange warns of a dangerous spiral. Read the full analysis.
Category : Search result: billionaire debt
Designer Tabitha Webb's Company Goes Bust Owing £700k
Fashion label Tabitha Designs Ltd, worn by the Princess of Wales, enters liquidation with over £700,000 in debts, including £50,000 owed to HMRC. Read the full story of the firm's collapse.
Strategies for paying off student loans quickly
Discover how three graduates managed to pay off their student loans in under a decade. Their unique strategies offer valuable insights for UK borrowers tackling education debt.
Venezuela's $150bn debt crisis in focus after US action
The capture of Nicolas Maduro spotlights Venezuela's $150bn sovereign debt default. We analyse the creditors, restructuring hurdles, and grim economic backdrop. Discover the complex road ahead.
Venezuela's $150bn Debt Crisis Post-Maduro
With Maduro captured, Venezuela's $150bn sovereign debt default comes into sharp focus. We analyse the creditors, restructuring hurdles, and grim economic backdrop. Read the full analysis.
Mum clears £16k debt in two years with simple tips
A single mother reveals how she paid off £16,000 of debt in just two years using straightforward budgeting and lifestyle changes. Her story offers hope and practical advice for anyone struggling financially.
Mum pays off £16k debt using simple budgeting tips
A single mother reveals how she cleared £16,000 of debt in just two years through straightforward budgeting and lifestyle changes. Her story offers hope and practical advice for anyone struggling with finances.
Beyoncé Achieves Billionaire Status, Forbes Confirms
Beyoncé has officially become a billionaire, joining an elite group of musicians. Her record-breaking Renaissance Tour and Grammy-winning 'Cowboy Carter' fueled her rise. Read the full story.
Tycoon Dies Broke After Lavish $250m Mansion Renovation
Gary Winnick, once LA's richest man, died with over $150m debt after a colossal mansion renovation. Discover the story of opulence, a controversial loan, and a bitter legal battle.
Clearing Student Debt: Three Success Stories
Discover how three graduates in the US paid off student loans in under ten years. Learn their strategies for debt freedom, from refinancing to side hustles.
How to clear debt in 2026: Expert's essential tips
Financial expert Vicky Parry reveals actionable strategies to tackle credit card and overdraft debt. Learn about balance transfers, consolidation loans, and smart budgeting to achieve a debt-free 2026.
Investors profit billions from countries in debt distress
Exclusive analysis reveals how funds like BlackRock and JP Morgan are poised to make huge profits from loans to struggling nations, as debt crises deepen. Calls grow for UK-led reform.
Young Senator's Student Debt Cut Sparks Backlash
Australia's youngest senator, on a salary of nearly £125,000, faces criticism for celebrating a 20% student debt cut. Critics call the policy unfair, benefiting high earners most.
Gen Z Debt: 27% Default, Risking Mortgages
Over a quarter of UK Gen Z have defaulted on debt. Learn what a default means, its serious consequences for your credit file, and how to avoid one to protect your financial future.
Women hit harder by public debt in Scotland
New research reveals women in Scotland are disproportionately driven into poverty by public debt collection. A wake-up call for policymakers to reform harsh recovery methods.
Hinduja Group billionaire Gopichand Hinduja dies at 85
Gopichand Hinduja, co-chairman of the Hinduja Group and one of Britain's wealthiest individuals, has passed away at 85, leaving behind a legacy spanning industries from oil to banking across global markets.
Bank of England Warns of Growing Consumer Debt Crisis
Exclusive analysis reveals millions of Britons are struggling with bills and loan repayments as the Bank of England sounds alarm over growing consumer debt crisis.
Illinois wipes out $1bn medical debt for 300,000 residents
Governor JB Pritzker announces revolutionary $10 million medical debt relief programme, set to eliminate bills for nearly 300,000 Illinois residents in one of America's most ambitious healthcare reforms.
195,000 households get energy debts wiped clean
Major energy debt relief announced as regulator clears £25 million in outstanding bills for vulnerable households across Great Britain. Find out if you're eligible for this financial lifeline.
Surrey Labour splits over £1.2bn council debt crisis
Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.
Trump's $7.8 Trillion Debt Bomb Exposes GOP Hypocrisy
Exclusive analysis reveals stunning Republican U-turn on fiscal responsibility as Trump-era policies and pandemic spending drive US debt to unprecedented levels, creating a political minefield for the GOP.
US per capita debt surpasses Greece and Italy
Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.
ATO enlists debt collectors for tax recovery
The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.
US National Debt Crisis Accelerates at Record Pace
The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.
Billionaire wealth largely paper-based, study finds
Groundbreaking research reveals the staggering truth about billionaire wealth - much of it exists only on paper, creating a distorted picture of global inequality.
Barcelona's £138m Debt Crisis Exposed in Documents
Shocking financial documents expose Barcelona's £138 million debt turmoil as club faces mounting pressure despite recent cost-cutting measures and player sales.
Global South Debt Crisis: Western Inaction Strangling Nations
Exclusive analysis reveals how mounting debt payments are crippling Global South economies while wealthy nations delay meaningful action. Discover the human cost and potential solutions.
Bailiffs visit one UK home every 59 seconds
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
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.
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