Category - debt

  • August 1, 2017

    The Financial Conduct Authority has published its review into high-cost credit, including measuring the effectiveness of the payday loan cap. 

  • July 7, 2017
    • The rollout of Universal Credit should be paused until significant problems with it are fixed, says Citizens Advice.
  • March 24, 2017

    Campaigners in Mozambique have called for secret debts to be cancelled before the IMF lends to the country again, alongside a range of measures including public disclosure of the audit into the debts, mechanisms to hold leaders accountable for actions and greater tax collection from megaprojects in the country.

  • February 27, 2017

    The Gambian government have said that former President Yahya Jammeh stole at least $50 million, and left the government with a debt of $1 billion. The most recent figure from the IMF is that the Gambia’s total government debt is $881 million.

  • January 10, 2017

    New analysis by the TUC shows that household debt rose sharply over 2016, with unsecured debt reaching new highs.

  • November 24, 2016

    Calculations by the Jubilee Debt Campaign have shown that the future borrowing costs of African governments rose across the board in the week, following Donald Trump winning the US Presidential election.

  • November 4, 2016

    Government statistics on the Benefit Cap released on 3 November 2016 have revealed that over a quarter of a million children have been affected by the Cap since it was introduced in April 2013. Additionally, the majority of families affected were accepted as not being able to work due to illness, disability or caring responsibilities.

  • October 12, 2016

    Ghana is in a debt crisis. Having had significant amounts of debt cancelled a decade ago, the country is losing around 30 per cent of government revenue in external debt payments each year according to a new report from Jubilee Debt Campaign (JDC)

  • August 24, 2016

    More than a million families with a household income below £30,000 are in extreme debt, and ongoing wage stagnation is making the problem worse, according to a new report published yesterday by the TUC and UNISON.

  • August 11, 2016

    The British government can now borrow money at negative interest rates.  This extraordinary turn of events was discussed in a BBC radio interview this morning.