debt
UK public sector borrowing higher than forecast in June
Borrowing was £14.5 billion in June, well above the £11.6 billion forecast by the Government’s spending watchdog.
Warrington Borough Council credit rating withdrawn amid near-£2bn debts
Moody’s withdraw its credit rating after failings by the local authority to provide audited sets of accounts for recent financial years.
Labour and Tories ‘avoiding reality’ of sharp spending cuts, says think tank
The Institute for Fiscal Studies said neither party appears ‘serious’ about debt reduction.
HSBC fined £6.2m over treatment of customers in financial difficulty
The Financial Conduct Authority said the cost incurred by HSBC to put the situation right should be a warning to all lenders.
Where the inflation and national debt figures leave Sunak’s five priorities
Most of the Prime Minister’s five priorities had not been achieved by the end of last year.
Childcare costs pushing parents into long-term debt
More than 70% of childcare providers have either increased their fees or have plans to do so by June
Record number of people take out debt relief orders in April
The jump in England and Wales coincided with the removal of a £90 administration fee to obtain a debt relief order.
Quarter of Britons would move house or job on environmental grounds, poll finds
E.On’s UK boss said the results of the energy company’s research underline changing attitudes towards climate change.
Home-buyer mortgage approvals jump to highest level since September 2022
Home sales across the UK also increased in March, for the third month in a row.
Advice NI urges Assembly: ‘Scrap £90 DRO fee to help people with debt’
Threshold in Northern Ireland is now less than half in England and has not changed since 2010