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debt

  • Stop and think before asking for a bigger salary

    Opinion

    Comparison is the thief of joy, but many of us fall for it, especially when it comes to salary. John Coleman argues why everyone needs a 'financial finish line'.

    Person fanning a stack of currency notes, symbolizing wealth or financial success, suitable for business news context.
  • Jeevun Sandher MP: I am committed to Labour’s fiscal rules, but delivery matters too

    Opinion

    Rattled by watching the bond markets, Labour MP Jeevun Sandher says it's time for Labour to prioritise economics over politics.

    Labour Party celebrates new leaders election with cheering supporters and waving flags at campaign headquarters
  • Brits aren’t spending enough – time for Splash Out to Help Out

    Opinion

    Household debt has declined and people have stopped spending on productive things like home improvements but also in leisure. That’s bad news for the public finances, so the government should look at ways to incentivise spending, says Tim Sarson Brits have stopped spending. After the great financial crisis in 2008 we collectively decided to zip [...]

    Burberry has cut its dividend after a plunge in sales.
  • Norwegian billionaire forced back to London in £285m Deutsche Bank dispute

    May 12, 2026

    Norwegian billionaire Alexander Vik has been ordered to return to the City to be interrogated about his hidden assets during a 13-year-long legal dispute with Deutsche Bank.  The bank first sued the business mogul’s company, Sebastian Holdings, in 2009 after the company suffered a series of losses on foreign exchange and equities trade deals during [...]

  • The student loan rip-off is hitting women hardest

    April 24, 2026

    Women already earn and save materially less than men – and a student loan system that, were it nay other credit product would amount to mis-selling, is making it worse, says Gina Miller Britain’s student loan system is one of the most quietly distortionary fiscal instruments on the statute book. It applies a nine per [...]

  • Private credit firm exposed after cosmetics retailer plunges into administration

    April 7, 2026

    A private credit firm has been forced to write down the value of one of its portfolio companies after online retailer Give Me Cosmetics was placed into administration. London-based Beechbrook capital, which offers finance to lower mid-market British businesses, had lent around £6.5m to fund the acquisition of Give Me Cosmetics in April 2024, in [...]

  • Borrowing can make a country rich… until it doesn’t

    March 18, 2026

    Debt can fund investment. But when it is used to pay for today’s consumption rather than tomorrow’s growth, the bill becomes unbearable, says Martin Beck At a personal level, millions borrow to buy their first home, start a business or invest in education. Used wisely, debt allows people to bring forward opportunities that would otherwise [...]

  • UK fintech Pockit borrows cash from Spanish railway architect

    March 17, 2026

    Pockit has borrowed money from an award-winning Spanish railway architect in one of the most unusual debt raises completed by a British fintech. The Cardiff-based business, which offers prepaid accounts to customers without a credit score, has signed a debenture agreement with Anchorgate Management, a British Virgin Islands company controlled by architect Santiago Calatrava, company [...]

  • Will Thames Water’s latest rescue package pass muster?

    March 16, 2026

    Thames Water’s latest rescue package has been designed to fend off the public’s criticism of the way the company has been mismanaged. In a statement, Thames Water said the new detail would comprise £6.6bn of new debt – including £3.3bn accessible on day one of the rescue plan being implemented – which will be provided [...]

  • Forget student loans, the national debt is the real mortgage on the young

    February 27, 2026

    Debating student loan interest distracts from the far larger and permanent national debt and its interest payments, which place a compounding, long-term financial liability on younger taxpayers who already face rising costs and a weakening worker-to-retiree ratio, says Martin Beck The campaign to cut student loan interest rates is welcome. A system where balances rise [...]

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