All news on the topic: Debt

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Labour under pressure as Starmer won’t rule out breaking manifesto pledge on tax thresholds
Sir Keir Starmer did not rule out the possibility of freezing income tax thresholds, which would constitute a breach of a Labour manifesto promise.
832
Government prepares Thames Water bankruptcy plan in case of company collapse
Ministers have prepared insolvency plans for the utility giant Thames Water in the event of a potential collapse, with ministers warning that the company remains in "crisis mode".
847
Ping Pong is off the menu: iconic London dim sum chain shuts down for good
London restaurant chain Ping Pong has closed down after more than two decades on the high street.
777
‘Debt, hunger and despair’: woman took her own life after DWP error — renewed investigation confirms state’s fault
Rare second inquest hears that Jodey Whiting, 42, left notes saying she had no food and could not pay bills
720
“They’re turning us into criminals”: carers drowning in debt as oversight system collapses
Overpayments because of official failures led to debt and misery for hundreds of thousands of people
732
Billions laundered through Seldon: conman Iliya Dimitrov enriched himself through the "digital feeding trough"
Iliya Dimitrov can formally be considered a millionaire, but with a negative balance, as his wealth consists of enormous debts.
543
Thames Water multi-billion pound debt relief approved by High Court
The judge described the costs incurred by Thames Water in the case as "eye-watering."
710
Man discovers he is entitled to extra £500 each month after 10-minute check
Phil Regan, 59, from Derbyshire, was one of the millions of people missing out on an estimated £19billion in unclaimed benefits and recently discovered he is entitled to PIP
648
All the issues Trump and Biden must overcome before November election rematch
Both current President Joe Biden and former President Donald Trump have a slew of issues they must overcome if either of them hope to win reelection and beat out the other in November
925
Morrisons reports £1 billion loss as supermarket chain counts cost of debt
The retailer, which was bought for £7 billion by US private equity firm Clayton, Dubilier & Rice in 2021, reported the heavy loss for the year in freshly filed Companies House accounts
812
Ofgem concerned costs of achieving net zero could hit poorest households hardest
The regulator has announced a call for input on how to protect households against future price shocks
765
'I was addicted to shopping. By the time I found why I'd blown £40k'
Maddy Alexander-Grout was just 18 when she was offered credit cards at her university's freshers' fair - but she didn't realise she would one day have to pay all the money back
756
Most stressed-out US states ranked — with surprising state taking top spot
One in four Americans say they're so stressed they struggle to function but some areas are more stressed out than others — with one state unexpectedly clinching first place
1054
40,000 struggling families to benefit from new measures to help those in debt
Delivering spring budget 2024, Jeremy Hunt, Chancellor of the Exchequer announced a slew of desperate tax cuts - including a reduction in National Insurance payments
487
US private equity giant Carlyle set to take 82% stake in Southend Airport
Esken, formerly Stobart Group, said it had decided to agree to the proposal designed to settle the airport's £193.75 million debt to Carlyle Global Infrastructure Fund
1320
Urgent warning as 'no win no fee' clients left with huge debts as firms collapse
Clients of 'no win, no fee' legal schemes are being hounded for tens of thousands of pounds and fear they may lose their homes after two law firms collapsed owing millions
872
Record credit card complaints, but majority made by claim management firms - FOS
Complaints about credit cards hit record high, says the Financial Ombudsman Service with nearly three quarters brought by claims management companies and law firms, up from a quarter of these complaints a year earlier
784
'My family wants me to get married - I'm too ashamed to tell them why I can't'
A woman who has been with her boyfriend for four years has admitted they are desperate to get married - but says there's an 'embarrassing' reason why they can't and she doesn't know how to tell their families
966
Criminals owe £1billion in unpaid fines as crooks' debt doubles in last 6 years
Last year the courts handed out almost £500million in fines but three-quarters of it has yet to be repaid, leading to fears criminals are being given a licence to break the law
803
Debt collectors chase sick ex-landlord for council tax bill dating back 20 years
Deen Adam was bemused to open a letter from an agency, working on behalf of Birmingham City Council, demanding he pay the authority £514 for alleged missed payments in 2006.
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Energy bills will include 'additional' charge despite price cap falling
The Ofgem energy price cap is forecast to fall but bills are set to include a "temporary" charge to help tackle record levels of debt with many people behind on payments
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Top 10 regrets Brits have when it comes to money - like not saving when younger
Not investing, not buying a house sooner, and not making and sticking to a budget, are other things they wish they had done differently
606
Woman says she's only got £40 to last 12 days as cost of living payments end
A woman who suffered a double aneurysm before her partner died is worried for her future amid the cost of living crisis and has had to borrow money from a friend to afford food
896
Parents resort to credit cards as childcare costs swallow up to half of incomes
Campaigners warned that becoming a parent will become a 'luxury' without action to tackle the spiralling cost of childcare as families take on debt and use their savings
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Four ways to improve your chances of getting a mortgage including credit scores
If you’re thinking about getting a mortgage, you should be aware of the factors that affect your eligibility as this can be critical in whether you are accepted or not