UK Debt

When It Comes to Tackling Poverty, One Size Fails All

Ally Paget | Posted 29.01.2013 | UK Politics
Ally Paget

We are making progress in our understanding of poverty, but insisting on a single solution risks everyone falling through the net.

The Vultures vs Argentina: The Debt Case of the Century

Nick Dearden | Posted 26.01.2013 | UK
Nick Dearden

If Argentina decides to carry out its promise not to repay vulture funds, it will come under huge international pressure and economic destabilisation. If we believe that the state's first duty to its citizens' welfare rather than international markets, we must support Argentina in spite of the propaganda.

Pressure Mounts For Curbs On 'Legal Loan Sharks'

The Huffington Post UK | Jessica Elgot | Posted 27.11.2012 | UK

Pressure is mounting on the House of Lords to approve tough new regulations for payday lenders like Wonga, as more than 40,000 people sign a petition ...

The Curious Case of Benjamin Strong

Peter Morgan | Posted 21.01.2013 | UK
Peter Morgan

Benjamin Strong was the first governor of the Federal Reserve from 1914 to 1928. He was also the first economist to use the interest rate to control the aggregate price of goods (the level of inflation), using credit based mechanisms called open market operations as the main tool to achieve his objective.

Jessica Elgot

'I Made £50 Profit From A Payday Loan'

HuffingtonPost.com | Jessica Elgot | Posted 13.11.2012 | UK

Payday loans companies charge high late payment fees, interest rates of around 4000% APR, and can push many people deeper into a spiral of debt which ...

Families Going Without Food To Pay Back Payday Loan Debts

The Huffington Post UK | Jessica Elgot | Posted 13.11.2012 | UK

Thousands of people could be going without food, clothes and heating in order to pay back "payday loans", and the number of people taking on the credi...

Football Must Get its House in Order

David Gold | Posted 31.10.2012 | UK Sport
David Gold

I've never seen a club chairman cry over football, I've never seen a manager do it either. Sure, the odd player has shed tears but I've seen millions of fans with tears streaming down their faces because of their love for their football club and that's why we need governance to protect football from itself.

Is it Time to Manipulate the Debt for the Greater Good?

Jeremy Cook | Posted 22.12.2012 | UK Politics
Jeremy Cook

We got into this mess through financial engineering and manipulation for individual profit. Maybe it's time we considered some more manipulation, this time for the benefit of everyone and not a greedy few.

Better Best Forgotten?

Owen Roberts | Posted 18.12.2012 | UK Lifestyle
Owen Roberts

Your credit report is all about you, not your address, not your family members, not even your pets, just you. If someone who lived at your address before didn't pay their bills this won't turn up on your credit file, it will turn up on theirs. So that's one less thing to worry about.

Swedish Lessons for EU Bank Owners

Dag Detter | Posted 09.12.2012 | UK Politics
Dag Detter

If we are all going to be taking a larger stake in the restructuring of the European banking system, we have to do it right.

Death Shouldn't Mean Debt

Simon Cox | Posted 02.12.2012 | UK Lifestyle
Simon Cox

Although too often an afterthought, end of life costs should form a central part of this planning; a loved one passing away is a difficult enough time as it is, unattended and unexpected financial costs should not add further upset at a time when loved ones are grieving.

Soft Global Growth Is No Crutch for Euro

Kevin Dunning | Posted 01.12.2012 | UK Politics
Kevin Dunning

That said, there have been a couple of positive developments for the global economy over the past month. First of all, the ECB's announcement of a bond-buying programme has buoyed sentiment by averting the prospect of an imminent collapse of the euro zone.

Debt, Grinding Debt

Peter Kellow | Posted 23.11.2012 | UK Politics
Peter Kellow

Debt is hardly something new and what it does to a life are not new either. Emerson, as a socially concerned person in 1936, understood it well and expressed in a way that feels powerfully close to us today.

Debt, Deficits and the Fiscal Framework

Jonathan Portes | Posted 12.11.2012 | UK Politics
Jonathan Portes

It has been widely reported that the government is considering abandoning the second half of its fiscal mandate - that debt should be falling as a percentage of GDP in 2015-16. My view is that the short term economic impacts of this are limited. It's not really news; NIESR has been saying for well over a year that this target was unlikely to be met.

Ignorant Electors, Incompetent Government.

Robert Mercer-Nairne | Posted 09.11.2012 | UK Politics
Robert Mercer-Nairne

The level of ignorance amongst most electors (and many politicians) about the nature of their government's finances is appalling. But our ignorance is the basis of their power. It is also the reason for their incompetence.

The Sustainability Scam

Water 21 | Posted 05.11.2012 | UK
Water 21

Truly sustainable economics and widespread prosperity can only be based on the viability of the land and its soil--not on increasingly unsustainable supplies of oil.

Unemployment, Homelessness, and Debt: the Plight of the Young

Adnan Al-Daini | Posted 04.11.2012 | UK Politics
Adnan Al-Daini

It is not a good time to be young. Our youth are bearing the brunt of the economic depression and its self-defeating solution of austerity and cuts.

Are You Hiding A Mountain Of Debt From Your Partner?

PA | Posted 28.08.2012 | UK

Britons are sitting on a secret mountain of debt that they are keeping hidden from their partners, and women are more likely than men to owe more and ...

Debt and Pay - There Has to be a Balance

Peter Morgan | Posted 15.10.2012 | UK
Peter Morgan

The increase in private debt in the last twenty to thirty years has led many people to become concerned about the future of the economy. The argument that a high level of personal debt would create economic problems has gained support due to the recent turmoil in the financial markets.

What Governments Can Learn From the Economic Behaviour of Their Wealthiest Citizens

Justin Cash | Posted 11.10.2012 | UK Politics
Justin Cash

Some individuals have achieved staggering levels of affluence compared to their peers. This is undeniably true. So is the fact that some countries have accumulated a stock of wealth that is by orders of magnitude larger than their competitors.

Life or Debt in the UK ?

James Mahon | Posted 29.09.2012 | UK Lifestyle
James Mahon

With the lack of job prospects in the UK affecting so many, hundreds of Britons are being forced to turn to alternative means to get enough money to get by, week in week out.

Double Your Debt: Nationwide Glitch Sees Customers Charged Twice

The Huffington Post UK | Jessica Elgot | Posted 26.07.2012 | UK

Millions of Nationwide customers could be left hundreds of pounds out of pocket, after a "human error" meant payments from Visa debit cards were dupli...

Financial Capability and its Place in the New Reality!

Vivi Friedgut | Posted 24.09.2012 | UK Universities & Education
Vivi Friedgut

New reality: get good marks that few think are credible, go to university, accumulate student debt, compete against global peers, work an average 43 hour week, rent, raise a family if you can afford it, zig-zag for 45 years through dozens of companies, retire with whatever you have managed to save, live to 81.

The Fall Of Adam Hollioake: Former One-Dayer In Court Over £14m Debts

The Huffington Post UK | Samuel Luckhurst | Posted 13.07.2012 | UK Sport

Adam Holliokae, the former captain of the England one-day team, has told of the strain at being made bankrupt and is in court over £14m debts. In ...

Parents' Fears Over University Costs For Children

PA | Posted 12.07.2012 | UK Universities & Education

Nearly three quarters of parents fear they will be unable to provide financial support for their children through university, new research suggests. ...