Campaigners and MPs demand regulation of the sector as struggling consumers increasingly use the deals to buy everyday essentials Ministers are being urged to intervene …
Missed interim payment raises prospect of collapse or restructure of troubled company Business live – latest updates The parent company of troubled Thames Water has …
Fitch warns the UK is facing the highest debt interest costs in developed world, as a share of revenue Emma-Lou Montgomery, associate director from Fidelity …
Cost of living crisis and rising interest rates forcing more people to become ‘trapped in poverty’ The number of UK households struggling with heavy debt …
President says ‘the court misinterpreted the constitution’ as he announces intention to use another law for debt forgiveness Joe Biden vowed the “fight was not …
The US Supreme Court has struck down president Joe Biden’s plan to cancel student loan debts for millions of Americans, reversing his campaign-trail promise as …
Conservative-dominated court strikes down Biden’s debt forgiveness program and rules in favor of business opposing same-sex marriage Sign up to receive First Thing – our …
Kevin McCarthy, the House speaker, secured a number of cuts on federal spending, with the borrowing limit suspended until 2025 Joe Biden signed a bill …
President described how ‘no one got everything they wanted, but the American people got what they needed’ during brief speech Joe Biden celebrated Congress’s approval …
The House of Representatives has voted to raise the debt limit, thereby ensuring the United States will avoid defaulting on its debt, despite vocal opposition …
Work requirements for federal food aid recipients have emerged as a final sticking point in negotiations over the looming debt crisis, even as President Joe …
Watch live outside the White House as President Joe Biden meets with House SpeakerKevin McCarthy on Monday 22 May, after their first meeting on Sunday …
Exclusive: Statistics watchdog warns chancellor over clarity after he conflates fall in debt with a less steep rise than first predicted UK politics live – …
President Joe Biden and his administration have been searching for ways he might act unilaterally to avoid an economic “calamity” if Congress can’t reach agreement …
Forecast by Washington-based body puts at risk Rishi Sunak’s pledge to cut debt as share of GDP Business live – latest updates Britain’s national debt …
Treasury Secretary Janet Yellen has notified Congress that the U.S. is projected to reach its debt limit on Thursday and will then resort to “extraordinary …
Exclusive: 182 experts say only debt cancellation offers chance of recovery but private investors are playing hardball Some of the world’s most powerful hedge funds …
Puerto Rico’s power company appears destined for an even longer bankruptcy than expected after several creditors have rejected a new debt restructuring plan following years …
The Biden administration is moving forward with an overhaul of several student debt forgiveness programs, aiming to make it easier for borrowers to get cancellation …