Bankrupt council expects government debt relief

Woking Borough Council says the government has agreed to “aid the reduction” of its multi-billion pound debt. The bailout will initially cover the debt owed by the effectively bankrupt borough in 2026-27 but could be extended if needed, according to the Local Democracy Reporting Service. Council leader Ann-Marie Baker said: “It marks an important step towards…

Woking Borough Council expects government help with £2bn debt

Woking Borough Council says the government has agreed to “aid the reduction” of its multi-billion pound debt. The bailout will initially cover the debt owed by the effectively bankrupt borough in 2026-27 but could be extended if needed, according to the Local Democracy Reporting Service. Council leader Ann-Marie Baker said: “It marks an important step towards…

Moneyhub Extends Its Partnership With Experian to Help People Pay Debt Faster

Moneyhub, a leading UK data and analytics platform, has today announced an extension of their partnership with Experian, the global data and technology company, to introduce the innovative Credit Dashboard. This tool is designed to empower consumers with effective debt management solutions, enabling them to navigate financial challenges with greater ease and confidence.  This collaboration…

Is a debt relief program worth it this May?

Many borrowers would benefit from starting the debt relief process this May. Getty Images/iStockphoto New economic considerations came to the forefront early Wednesday when the Commerce Department announced a shrinking in the gross domestic product (GDP) for the first quarter of 2025. GDP, which measures the overall value of services and products, shrank at a…