***General Election Edition*** Monthly Debt News looks at debts and the causes of debts in Britain from various sources selected for professionals to make the debt sector simple. This month’s Debt News British General Election edition of Debt News will look at UK's fiscal rules and IMA forecast on UK's insurance cuts and debt, £3 trillion timebomb for national political party leaders and local council finances. You will find bitsize data to give a snapshot of the national economy and you can catch up with previous monthly Debt Talk podcasts. ——————— National Debt News ——————— The UK’s public finances: is it time to reform the fiscal rules? Boosting economic growth while maintaining sustainable levels of public spending is a huge policy challenge for the UK. The government’s self-imposed fiscal rules may themselves act as a constraint. Reforming the rules could help to revive the country’s stagnant economy More here: Link ——————— Public finances and the 2024 general el
Thames Water considered a rise of 40% whilst its parent company is on the verge of liquidation. Southern Water requested Ofwat last October to increase its bill to consumers by 66% on top of the rise in inflation. In this month's Debt Talk podcast, Ripon Ray explored 'UK waters & our bills’. Eugenio Vaccari - Senior Lecturer from Royal Holloway, University of London , who researches sustainable restructuring procedures, explored the legal framework in which Thames Water and its parent company work and the potential challenges faced from the perspective of shareholders, government and sustainability of the water companies for the public interest. Andrew White - Senior leader for Social Policy of the C onsumer Council for Water which represents the interest of consumers in the water sector explained the impact of the rise in cost for vulnerable communities and explained that there is a genuine need to have a social tariff to support struggling consumers. He a