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debt

Your profession

Greenspan and Buffett issue recovery warning - papers

Two of America's most noted financial commentators have argued the recovery of the US economy is not a given, despite the recent uptick in sentiment.

clock 09 September 2009 •

Your profession

Aviva and L&G to cut dividends - papers

Two of Britain's biggest insurers are poised to slash dividends this week, potentially derailing the stockmarket's blockbuster summer rally, The Times reports.

clock 03 August 2009 •

Your profession

Public sector borrowing rises to £13bn

The government was forced to borrow £13bn in June, almost double the amount in the same month last year, as shrinking tax receipts continued to put pressure on public sector finances.

clock 21 July 2009 •

Your profession

Friends to restructure £300m of debt for F&C deal

Friends Provident is attempting to restructure its bond debts to improve its capital stability, it has revealed today.

clock 08 May 2009 •

Your profession

Public debt rises £90bn

Government borrowing rose by a record £90bn in the last financial year, according to figures released today.

clock 22 April 2009 •

Your profession

Pearl in talks to restructure debts

Banks are discussing a possible restructure of Pearl Group's debts following pressure from the FSA, reports suggest.

clock 16 March 2009 •

Technology

Consumers warned on debt advice websites

The Office of Fair Trading has told 11 financial management businesses with 'look alike' websites posing as official or charity advice sites to close them down immediately.

clock 09 March 2009 •

Investment

Savings plunge as savers tackle debt mountain

Britons have sacrificed £19bn of savings in a bid to drastically reduce their debt mountain as the credit crunch bites, research suggests.

clock 04 December 2008 •

Investment

NAPF calls for more long-dated gilts

The Chancellor is being urged to issue more long-dated debt by the National Association of Pension Funds (NAPF), to help the UK in the coming recession.

clock 24 November 2008 •

Your profession

Public borrowing hits record level

The Government borrowed a record amount of more than £8bn in September as it attempts to spend its way out of recession.

clock 20 October 2008 •
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