As the festive season approaches, many of us struggle to manage our finances, and for some, particularly those already facing difficulties, Christmas can lead to an even deeper spiral into debt.

Since 1996, Christians Against Poverty (CAP) has been helping people break free from debt. The charity was founded in Bradford by John Kirkby, who had experienced financial hardship himself and had even worked as a debt collector before turning to his local church for support. With their help, he regained control of his finances. Inspired by this, John set up CAP to provide free debt help, life skills training, and money coaching.

“…watching The Debt Saviours on TV inspired me to get involved.”

Today, CAP operates across the UK, with…

The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business. However since the UK parent entered bankruptcy last month, the Australian subsidiary – and others around the world – have become creditors and their access to funds has been cut off.

The Guardian has quoted sources explaining that the money earned by the key overseas businesses during the peak trading period in November and December was paid into a global account, based in the UK – “a practice termed ‘cash pooling’”. As a result, global subsidiaries are struggling to pay suppliers for services rendered during that peak. The cash pooling ceased when the business entered into administration.

Student loan debt is frequently in the news as politicians debate solutions to the rising costs of college that lead to sometimes crippling amounts of debt. For those with outstanding student loans, such debt can be discharged in two ways: forgiveness and bankruptcy.

As of Apr. 2024, Americans owed a collective $1.75 trillion in student loan debt, with an average of $28,950 owed per borrower. By comparison, in Dec. 2010, Americans owed…

Deep and energising collaboration

The deal has been warmly welcomed by senior executives at Standard Chartered and raised hope for future transactions of this type.

Marisa Drew, Standard Chartered CSO, said: “This announcement is the result of months of deep and energising collaboration between the Government of The Bahamas, Inter-American Development Bank, The Nature Conservancy, Builders Vision, AXA XL and several other partners, to jointly unlock US$124 million in funding over the next 15 years for marine conservation in The Bahamas.”

Marisa added: “This transaction is innovative for many reasons, not least because this is the first time a family office, Builders Vision, has played a significant role in a sovereign debt conversion…

Bruno Mars has had a wild career in the music business that has spanned two whole decades now. The 39-year-old has had multiple singles dominate various charts across the world, including songs like Talking to the Moon, which went viral on social media. Besides his heavenly voice that we love streaming on repeat, the pop icon also has a great personality that goes perfectly along with it.

Rosé and Bruno Mars in Apt. music video | Credits: The Black Label/Atlantic

While the star has never really found himself in the trenches of controversy, Mars was most recently linked to a gambling debt issue involving the glorious MGM Resorts International. The rumor regarding this issue surfaced in March 2024, but Mars has only seemed unbothered by…