Debt

The great American boom is finally running out of steam, leaving mountains of debt

Business
Robert Johnson

Andrew Harnett from Bank of America says equity breadth on the S&P 500 is the worst since the depths of the global ...

Universal Credit payments cut by £63 a month in DWP’s ‘relentless pursuit’ of debt

Business
Robert Johnson

Universal Credit payments are being reduced by £63 a month on average as part of the Department for Work and Pension’s (DWP) ...

Blow to Macron as French credit rating downgraded

Business
Robert Johnson

France has been downgraded by S&P Global in a blow to Emmanuel Macron’s fiscal credibility.  The credit rating agency lowered France’s long-term ...

I shop in my sleep because of a rare disorder

Health
Sarah Carter

A mother-of-three with rare sleep disorder has been scammed after filling in her bank details on a dodgy site while online shopping ...

Business faces £42bn debt crisis after end of ultra-low rates

Business
Robert Johnson

It came as economists at Europe’s second-largest bank, BNP Paribas, warned that inflation will be higher and “bumpier” in the years to ...

Europe left worried by US plan on Russian assets to pay for Ukraine – POLITICO

World
Emily Foster

While the signals are now strong that Europe will agree to the U.S.-led proposal to leverage the future profits of the assets ...

Macron warns Europe ‘can die’ in alarmist speech on protectionism, geopolitical threats – POLITICO

World
Emily Foster

“Europe is mortal, it can die. It only depends on our choices,” he said in a highly-anticipated speech that echoed a landmark discourse he ...

Thames Water bondholder warns creditor losses will deter investment in UK

Business
Robert Johnson

Nationalising Thames Water and forcing losses on creditors will deter investment in UK infrastructure, a key bondholder has warned. A senior fund ...

How Lidl’s breakneck expansion came to a juddering halt

Business
Robert Johnson

They also show that Lidl’s debt pile has ballooned from just under £1.7bn in 2020 to £3.1bn at the last count.  Barclays analysts ...

Crunch meeting at Thames Water amid scramble for £750m

Business
Robert Johnson

If the company is put into special administration, it is estimated that as much as £5bn of financial support would be needed to ...