debt

Developed countries cannot rely on emerging markets to bring global growth back to pre-credit crunch levels, says PIMCO's Bill Gross.

EU leaders are to meet to tackle the challenge of getting economic growth back on track while reining in the worst public debts for decades.

Billionaire investor George Soros, the man who broke the Bank of England, says the financial crisis has "just entered Act II" as Europe's fiscal woes worsen.

Investors are placing bets on a Black Monday-style crash in the UK stock market at the fastest rate since the collapse of Lehman Brothers in 2008, the Bank of England warns.

Japan's new premier, Naoto Kan, has warned Japan is at 'risk of collapse' under its huge debt pile.

It's decision time. Finally the General Election 2010 is here. But before you rush out to mark your cross in the polling booth, here is a recap of what the three main parties are offering in six key policy areas.

Even the great Warren Buffett, who has successfully negotiated a number of crisis situations in his time, has admitted he would not want to be responsible for tackling the UK's debt problem.

Household finances deteriorated at the fastest pace for four months in April, data from Markit/YouGov suggests.

More than a quarter of retired people are still paying off a mortgage, while over 50% have mortgage and/or other personal debt in the form of loans, credit cards and overdrafts.

UK Government borrowing reached a new peak in 2009/10 but undershot the figure forecast in the Budget.