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Mon, 21 April 2025
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Articles tagged with: debt
How Rachel Reeves Could Use Bank Of England Reserves To Boost Her Spending Power
Economy
How Rachel Reeves Could Use Bank Of England Reserves To Boost Her Spending Power
Could reforming Bank of England reserves be a way for Rachel Reeves to raise money for ailing public services? A number of economists with links to Labour believe so.
Higher Energy Bills Due To Debt 'Underlines Need For Social Tariff', MP Says
Energy
Higher Energy Bills Due To Debt "Underlines Need For Social Tariff", MP Says
Chair of the energy security and net zero committee Angus MacNeil has said that soaring bills as energy companies try to recuperate consumer debt proves there is desperate need fo the introduction of a "social tariff" to support people struggling to keep up with fuel costs.

Spring Budget's Cost Of Living Support 'Thin On The Ground'
Social affairs
Spring Budget's Cost Of Living Support "Thin On The Ground"
Campaigners have said the cost of living support measures announced in Jeremy Hunt's Spring Budget fall short of what is needed to help households struggling with the cost of living.
MPs' Committee Doubts Government Plan To Manage 'Phenomenal' National Debt
Economy
MPs' Committee Doubts Government Plan To Manage "Phenomenal" National Debt
A new report by the influential Public Accounts Committee has questioned whether ministers have clear measures in place to assess the value for money of the “phenomenal” £2.6 trillion of Government borrowing.
Five Million People Can't Afford Basic Outgoings In 'Living Standards Catastrophe'
Social affairs
Five Million People Can't Afford Basic Outgoings In "Living Standards Catastrophe"
Exclusive: New research by Citizens Advice has found that five million people are living in a negative budget, meaning the amount of money they have coming in does not meet the cost of basic outgoings such as accommodation, food and fuel.
Energy Bosses To Be Summoned By MPs Over Looming Winter Bills Crisis
Energy
Energy Bosses To Be Summoned By MPs Over Looming Winter Bills Crisis
The energy security and net zero (ESNZ) select committee of MPs is set to summon industry bosses as concern begins to grow concerns over a double whammy of energy debt and high energy bills this winter.
Alarm Raised That Defaults On Car Loans Could Soar
Economy
Alarm Raised That Defaults On Car Loans Could Soar
A number of Tory MPs have expressed concern that the number of people defaulting on car loan repayments could spike as a result of high interest rates squeezing incomes.

More Labour Than Tory Voters Want To See Tax Cuts In Jeremy Hunt's Budget
Economy
More Labour Than Tory Voters Want To See Tax Cuts In Jeremy Hunt's Budget
A new poll has found Conservative voters would prefer Chancellor Jeremy Hunt prioritise debt reduction over tax cuts if the UK economy improves, while a significant number of Labour voters are keen to see taxes reduced.
The government must stop debt collectors bombarding people during the cost of living crisis
Economy
By Lisa Cameron MP
The government must stop debt collectors bombarding people during the cost of living crisis
Most of us can relate to the pang of anxiety that comes with opening a letter about an overdue bill. The red shouty text, along with the threats of court action or bailiff visits can almost instantly feel overwhelming.
No.10 Are In The Dark Over Boris Johnson Being Served With County Court Judgement For £535 Debt
Political parties
No.10 Are In The Dark Over Boris Johnson Being Served With County Court Judgement For £535 Debt
Downing Street has said they are unaware of circumstances surrounding a County Court Judgement against Boris Johnson for a £535 debt.
Any further delay to the regulation of exploitative ‘buy now, pay later’ firms could be catastrophic
Economy
By Stella Creasy MP
Any further delay to the regulation of exploitative ‘buy now, pay later’ firms could be catastrophic
With millions now using these companies and the threat of further redundancies and difficulties on the horizon, regulation of the BNPL industry needs to happen in weeks not months.
We must find a way to confront the emerging low-income debt crisis
Economy
By Lord Bishop of St Albans
We must find a way to confront the emerging low-income debt crisis
Millions of families are facing economic uncertainty due to Covid-19. Mitigating the lasting economic consequence of the pandemic must now be of equal priority to preventing Covid-19 transmission.
Could coronavirus trigger a corporate debt crisis?
Coronavirus
By Dods Monitoring
Could coronavirus trigger a corporate debt crisis?
It is hard to see if TheCityUK’s new corporate recapitalisation proposals would benefit the public purse. Ultimately, it comes back to the old debate on whether to save failing companies or instead let the natural restructuring happen.
Coronavirus: UK borrowed twice as much in first quarter of this year as in whole of 2019, new figures show
Coronavirus
Coronavirus: UK borrowed twice as much in first quarter of this year as in whole of 2019, new figures show
The Government borrowed twice as much in the first quarter of this year as it did in the whole of 2019 as ministers raced to respond to the Covid-19 pandemic, new figures show.
Coronavirus: Nearly two-thirds of families on Universal Credit forced to borrow money during pandemic
Coronavirus
Coronavirus: Nearly two-thirds of families on Universal Credit forced to borrow money during pandemic
Six in ten families claiming Universal Credit have been forced to borrow money since the beginning of the crisis, a new survey has found.