Offering fuel support via the Working for Families system may mean some people end up having to pay it back. Photo: RNZ / Unsplash There are concerns that offering fuel support via the Working for Families system may mean some people end up having to pay it back. The government announced on Tuesday that it…
LONDON, March 25, 2026, 13:22 GMT Diageo shares rose as much as 2.4% in early London trading on Wednesday after its Indian unit agreed to sell the cricket franchise Royal Challengers Bengaluru for 166.6 billion rupees ($1.8 billion), a deal that could free up cash for debt reduction. 1 The timing matters. Last month Chief…
Cash-strapped council to get £200m in debt relief BBC Read the original article here
Anxieties over America’s ballooning debt have reached fever pitch, but economists question whether Washington can muster the political will needed to avert a reckoning, and worry that the proposed remedies could carry their own set of fiscal ailments. America’s national debt—now $39 trillion—has long alarmed fiscally hawkish lawmakers. Congressional Republicans on the Joint Economic Committee…
The move follows years of instability stemming from a controversial commercial investment strategy pursued by the previous Conservative administration, which left the council with debts of more than £1.3 billion before it effectively declared itself bankrupt in December 2022. The Section 114 notice issued at that time confirmed the council could not balance its budget,…
Tax relief firms specialize in negotiating with the IRS on a taxpayer’s behalf, but what does that process entail? Nora Carol Photography/Getty Images The Internal Revenue Service (IRS) collects billions of dollars each year in back taxes, penalties and interest, in large part because it has an arsenal of tools to collect what’s owed. Wage…
The city of Atlanta is currently hosting a powerhouse gathering of celebrities, philanthropists, and academic leaders for the inaugural HBCU AwareFest. The weeklong event aims to celebrate Black excellence while raising critical funds to eliminate the student loan debt burden facing graduates of Historically Black Colleges and Universities (HBCUs). The festivities continue Wednesday at the…
The government is to provide £200m to pay off part of Thurrock Council’s debt, according to its Labour leader. The unitary authority in Essex was declared effectively bankrupt in 2022 with a debt that peaked at £1.5bn. Thurrock Labour MP Jen Craft said the debt relief was “a turning point for Thurrock”. The government is…
Thurrock Council borrowed hundreds of millions to invest largely in solar energy. But the investments failed and led to the then Conservative authority needing government intervention to oversee and provide emergency financial support. Labour took control of Thurrock Council in 2024. The council is set to be abolished as part of the reorganisation of local…
Coerced Debt Back on the Agenda Coerced debt is rightly back on the policy agenda, but there’s a lot to do to put right the wrongs that victim-survivors continue to experience. It’s up to all of us who work with consumers to try to spot the warning signs and prevent coerced debt, as well as…