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Debt

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About Debt


Debt is when something, usually money, is owed by one party, the borrower or debtor, to a second party, the lender or creditor. Debt is a deferred payment, or series of payments, that is owed in the future, which is what differentiates it from an immediate purchase.

NI and business tax cuts expected in Autumn Statement

NI and business tax cuts expected in Autumn Statement
Nov 21,2023 6:21 pm

... The cost of Covid and the amount paid in interest on the national Debt - the highest for decades - is seen by many economists as a key reason for this...

I'll still be paying my student loan off at 60

I'll still be paying my student loan off at 60
Nov 2,2023 7:21 am

...By David HendersonBBC Scotland business correspondentScottish graduates are seeing their student loan Debt rising at a rate of 6...

Republicans back to square one as Speaker crisis deepens

Republicans back to square one as Speaker crisis deepens
Oct 20,2023 4:21 pm

... He co-founded the House Freedom Caucus, which has used political brinksmanship - under threat of government shutdowns and even a national default on the Debt - to bend centrist and establishment Republicans farther to the right...

Belt and Road Initiative: Is China's trillion-dollar gamble to transform the world working?

Belt and Road Initiative: Is China's trillion-dollar gamble to transform the world working?
Oct 16,2023 8:41 pm

... Debt trap diplomacyHaving become the lender of first resort for many low or middle income countries through the BRI, China is now the world s biggest international creditor...

Deflation: Why falling prices in China raise concerns

Deflation: Why falling prices in China raise concerns
Aug 9,2023 3:41 am

... The country is also tackling ballooning local government Debt and challenges in the housing market...

Could a US debt default unleash global chaos?

Could a US debt default unleash global chaos?
May 18,2023 10:51 pm

... If Democrats and Republicans do not agree to allow the US to borrow more - or, in their language, raise the Debt ceiling - the world s biggest economy will default on its $31...

Paying for prayer: I went into debt, trying to secure a miracle

Paying for prayer: I went into debt, trying to secure a miracle
Mar 11,2023 9:21 pm

...By Lebo DisekoGlobal Religion CorrespondentEvarline Okello breaks down in tears as she tells me she is hundreds of dollars in Debt, after paying a pastor to pray for her...

Energy bills: Call to let people have prepayment meters removed

Energy bills: Call to let people have prepayment meters removed
Mar 6,2023 9:20 pm

... The issue of repayment meters is under the spotlight after it emerged last month that Debt agents acting for British Gas had broken into vulnerable people s homes to force-fit meters...

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