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Labour-run council loses credit rating after racking up nearly £2bn in debt

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Warrington Borough Council has been stripped of its credit rating by an...
Gambling

‘Breaks my heart’: Malaysian dad hounded by loan sharks disowns debt-ridden son

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“I even had to find work as an e-hailing driver as my savings are gone,” he told a press conference organised by the Malaysian...
Gambling

‘Breaks my heart’: Malaysian dad hounded by loan sharks disowns debt-ridden son

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“I even had to find work as an e-hailing driver as my savings are gone,” he told a press conference organised by the Malaysian...
World

Germany plots €20bn of tax cuts as Britons suffer stealth raid

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Unlike in Britain, income tax thresholds in Germany are not automatically raised...
Bussiness

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

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Andrew Harnett from Bank of America says equity breadth on the S&P...
Bussiness

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

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

Britain’s fickle bond markets will be a key election battleground

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Historical analysis shows that when the GfK measure of consumer confidence is...
Bussiness

HSBC owed £143m by Barclay family’s collapsed logistics company

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HSBC faces steep losses from the unravelling of the Barclay family’s sprawling...
Bussiness

A financial storm is coming that governments cannot fight

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Since the banking system went belly up in the financial crisis of...
Bussiness

Blow to Macron as French credit rating downgraded

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France has been downgraded by S&P Global in a blow to Emmanuel...
Bussiness

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

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It came as economists at Europe’s second-largest bank, BNP Paribas, warned that...
Bussiness

Fall in bank bonuses blows a hole in the Government’s finances

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When dealmaking dries up, so do big handouts for bankers, accountants, lawyers...
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