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…
When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative…
Apollo Global Management, Inc. (NYSE:APO) is one of the 7 Most Undervalued Blue Chip Stocks to Invest In. On March 23, 2026, Apollo Global Management, Inc. (NYSE:APO) capped redemptions from its $25B Apollo Debt Solutions business development company at 5% of shares outstanding after clients requested withdrawals of about 11%, according to a shareholder letter…
IN what is likely to be perceived by critics as a pre-local election ‘bribe’, the borough’s Labour leadership has announced a £200 million government grant to cut debt at Thurrock Council, but a release disclosing the news appears factually flawed and makes claims that can easily be repudiated. The overnight announcement from local Labour members,…
A new report by the Commonwealth Secretariat warns that rising public debt and tighter budgets are forcing governments to prioritise loan repayments over investment in young people, limiting opportunities for the Commonwealth’s 1.5 billion young people. The report, Public Debt and Youth Development in Commonwealth Member Countries was launched at the opening of the week-long Commonwealth…
Deteriorating asset quality, collateral markdowns and a growing rush for the exits are rattling private credit markets and prompting comparisons to the Global Financial Crisis. But a spike in loan defaults, while painful, could help shake out pockets of stress from the $3 trillion sector and provide what one industry pro calls a “healthy reset”…
Wichita State group project raises thousands for USD 259 school lunch debt relief KSN-TV Read the original article here
Wichita State group project raises thousands for USD 259 school lunch debt relief KSN.com Read the original article here