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Showing posts with the label Debt News

Debt News (Feb 2024)

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 includes councils warning MPs the fear of bankruptcy,   MPs recommend councils should not be chasing debters who are unable to afford to pay debts, a rise in enforcement agents by £20% to recover council tax debts, mortgage defaults jump since Christmas and a student chased for a student loan that she had not borrowed. There are also bitesize stats to get an overview of the causes of debts in Britain. You can also catch up with previous Debt Talk podcasts if you have missed them.  ——————— News:  ——————— More than 50 councils warn MPs of bankruptcy fears over emergency housing costs One council said it had seen its emergency housing costs almost quadruple over the last six years  More here: Link  ——————— Council tax – councils should not be chasing arrears from households that can least afford i...

Debt News (Jan 2024)

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 in the new year includes the UK’s child poverty highest among the wealthiest nations, rent arrears high in many northern council tenancies, 28% of southern water companies going to service their debts,   Dutch firm challenge ULEZ fine in High Court, Labour considers student loan right off for NHS workers and bitesize stats to get an overview of the causes of debts in Britain. You can also catch up with previous Debt Talk podcasts if you have missed them.  ——————— Debt News ——————— Child poverty levels in the UK worst among world’s richest nations, UNICEF report finds Child income poverty rates in the United Kingdom were the highest among the world's richest countries, a report by U.N. children's agency UNICEF said, ranking bottom of the table for changes in those rates in the past decade. More here: Link ...

Debt News (Nov 2023)

    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 includes high rents pushing renters out of cities, one million universal credit claimants, a couple charged £18K without a gas bill,   an angler refusing to pay a water bill due to sewage pollution, drivers successfully appealing all penalty charges in London, Santander warns borrowers over high-interest rates and defaults. And finally, bitesize stats to get an overview of the causes of debts in Britain.  ——————— High rents and benefit cuts push poorer renters out of UK’s cities, report finds. The social fabric of the UK’s biggest cities is being transformed by  sky-high rents  and cuts to housing benefits as thousands of low-income private renters are pushed out of central areas, accelerating the “suburbanisation” of poverty, according to a study. More here: Link    ———...