25 February 2025
Thames Water continues to be a burden on its customers and the public purse. Its latest financial plan agreed in the High Court drew criticism from water campaigners and trade unions.
23 February 2024
Privatised water companies continue to pollute. Regulation of the heavily indebted industry is failing to change this.
The government has been borrowing at a huge rate – something that tends not to be reported in general news, appearing rather in the relative backwaters of newspaper business sections.
20 September 2023
Birmingham City Council announced that it could not meet its financial liabilities. Essentially it is bankrupt, threatening both jobs and services. These are structural problems, shared by other councils.
21 August 2023
Government debt headlines when it goes up or when the government says it wants to reduce it. The level of debt has spiralled out of control, and capitalism has no answer.
17 July 2022
British students pay heavily for their loans because of high interest rates and flat wages meaning graduates don't make substantial repayments.
1 November 2021
The government’s economic statement isn’t the final word on our economic future. Workers must take this on – in fighting for pay and more.
Two closely related financial opportunities present themselves next year when Britain leaves the EU…
Global debts have risen to a new record high of £167 trillion, a rise of £21 trillion compared with 2016, according to the Institute of International Finance.
Many graduates will spend their 30s and 40s dealing with effective tax rates of above 50 per cent.
Looking back over the past two decades, the history of student fees is starting to look like a relay race.
Students facing a working lifetime of debt are up against the clock. They must use their time at university to demand the abolition of tuition fees – and force their vice-chancellors to join them in the fight…
With 20:20 hindsight, a former chairman of the Financial Services Authority looks at debt…and the EU
5 November 2015
Students from 60 university campuses across Britain converged on the Department of Business Innovation and Skills on Wednesday 4 November to call for an end to tuition fees and debt.
15 July 2015
The recent Budget cynically repeated well rehearsed lies masquerading as truths. Fundamentally, there is no financial soundness in the “austerity” regimes.
A report at the end of March showed that almost half of the 9 per cent increase in household debt in 2014 in Britain was accounted for by young people trying to fund their way through university.
Inextricably linked, though quite different, the terms deficit and debt are often used interchangeably by politicians.
