Sheikh Salah Hamdan Al Balawi is accused of failing to settle what the Les Ambassadeurs Club, off Park Lane, has claimed is a £2 million debt A Saudi Sheikh estimated to have assets of more than £100 million is locked in a alleged gambling debt dispute with an exclusive London casino which featured in the … Read more
Mortgage holiday debt threat: FCA warns homeowners face paying thousands of pounds in extra interest By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 26 May 2020 | Updated: 22:01 BST, 26 May 2020 Interest threat: The FCA has warned on mortgage holidays Homeowners who have deferred their mortgage payments are being warned … Read more
The dark side of Hollywood: Ex-Home and Away star Bonnie Sveen reveals she was ‘left with hefty debt and a bruised ego’ after spending five months auditioning in Los Angeles By Ali Daher For Daily Mail Australia Published: 01:23 BST, 26 May 2020 | Updated: 08:11 BST, 26 May 2020 She’s usually quite guarded when … Read more
Car-rental giant Hertz ‘is preparing to file for bankruptcy with $19BILLION of debt’ after share prices plummet and 10,000 staff are laid off amid the coronavirus pandemic Hertz could file for bankruptcy this weekend after skipping car-lease payments last month The coronavirus pandemic has crippled the Florida-based company, which was already struggling with billions of … Read more
Aggressive debt collectors put on a short leash to help firms survive the coronavirus crisis By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 May 2020 | Updated: 21:51 BST, 20 May 2020 Firms will get extra protection from aggressive debt collectors under new laws proposed today Companies struggling because of the crisis will … Read more
Pizza Express prepares to cut a slice off its debt pile despite £70m loan Pizza Express is ‘highly likely’ to launch a restructuring of its giant debt pile S&P said the business now faces ‘additional hurdles’ turning its fortunes around Pizza Express is due to repay £465million to bondholders next year By Neil Craven for … Read more
RUTH SUNDERLAND: Simply loading up firms with loans, as is happening now, is not the answer to the coronavirus crisis By Ruth Sunderland for the Daily Mail Published: 21:52 BST, 10 May 2020 | Updated: 21:52 BST, 10 May 2020 What will happen to small firms once the immediate peril has passed? This is a … Read more
Huge global debt burden will ‘come back to haunt us’ all, warns top economist By Lucy White For The Daily Mail Published: 21:51 BST, 13 May 2020 | Updated: 21:51 BST, 13 May 2020 The trillions of pounds of extra debt which is being taken on by governments around the world will ‘come back to … Read more
ALEX BRUMMER: Debt-aholics like Liberty Global need to be weaned off a system destabilising the global economy By Alex Brummer for the Daily Mail Published: 22:15 BST, 11 May 2020 | Updated: 08:35 BST, 12 May 2020 John Malone’s Liberty Global is nothing if not brave. Unveiling a £31 billion merger between Virgin Media and … Read more
ALEX BRUMMER: As debt bubble fears mount the sooner the UK gets back to work the better By Alex Brummer for the Daily Mail Published: 22:53 BST, 5 May 2020 | Updated: 23:39 BST, 5 May 2020 When Jeremy Corbyn and the Labour Party were proposing to go on a government spending spree ahead of … Read more