debt

January 10, 2017

TUC analysis shows unsecured household debt at new peak

New analysis by the TUC shows that household debt rose sharply over 2016, with unsecured debt reaching new highs.
November 24, 2016

Trump win pushes up interest costs for African governments

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

Churches condemn 'damaging' benefit cap

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

How a new 'debt trap' has been set for Ghana

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

Problem debt made worse by wages standstill says TUC report

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 'magic money tree' now officially exists

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.
December 10, 2015

Did Jesus believe in saving money?

David Cameron likes to describe people who work hard and save money as those who "do the right thing".
October 21, 2015

There are worse things than public borrowing

George Osborne's determination to reduce the deficit increasingly seems like a form of extremism, in which the end seems to justify any means.
September 7, 2015

Problem debt up more than a quarter since 2012, new report reveals

The number of households with problem debt has increased by 700,000 (28 per cent) since 2012, according to new TUC and UNISON-commissioned research.
September 1, 2015

Campaigners call for UK government to enforce Ukraine debt deal

Ukraine has reached an in principal agreement with some of its bondholders to reduce the amount of debt owed by 20 per cent and to suspend payments for four years.