Wednesday, June 29, 2022
Newsnet needs your financial support! Donate
Subscribe

Tag: debt

Financial fallout from Greece could harm UK and wider Eurozone

By a Newsnet reporter Following the failure of the Greek political parties to form a working coalition government, Sir Mervin King, Governor of the...

MSP calls for action to help thousands in debt

SNP MSP Margaret Burgess is leading a member’s debate on payday loans to raise awareness of the impact on individuals and their families and...

Citizens Advice faces record surge over struggling Scots debts

By Ben Borland  A record number of desperate Scots needed help last year for problems with household bills, mounting debts and even putting food...

‘Payday loan’ warning as millions struggle to make ends meet

By a Newsnet reporter  Millions of people will turn to high-interest ‘payday loan’ companies over the next six months in order to see them...

US loses triple-A credit rating for first time in history

by G.A.Ponsonby  The credit rating of the United States has been downgraded from triple-A for the first time in the nation’s history. The unprecedented blow...

US narrowly avoids debt default as Congress votes for emergency deal

by a Newsnet reporter  The US has staved off the first default in its history as congressmen voted to back the emergency package aimed...

Banks and democracy: profit and loss

by David Malone What has been gained these last two years and what has been lost?  And how shall its value be measured?Here are...

Scottish economy a Swinney success as UK enters stagflation

SNP budget a winner but with the UK economy nosediving should Scotland now head for the lifeboats?   by Alex Porter, Economy Editor The...

The Spectre Haunting Europe

by Jeffrey Sommers and Michael Hudson   Debt Defaults, Austerity, and Death of the “Social Europe” Model A spectre is haunting Europe: the illusion...

Ed Balls bad news for Iain Gray’s Holyrood chances

by Alex Porter, Economy Editor With the UK budget deficit accelerating, the British pound plummeting and austerity cuts just around the corner, the issues...