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Debt machine: are risks piling up in leveraged loans?  Financial Times

In the first in a series, regulators fear that looser lending standards for lowly rated companies could precipitate the next downturn.


Could junk debt lead to a new subprime-style meltdown?  The Week UK

Bank of England sparks concern among central banks after revealing the size of the global risky loan market.


Eurozone household debt falls to lowest level since 2006  Financial Times

A measure of eurozone personal debt is at its lowest since before the financial crisis, making the region's consumers less vulnerable to the effects of a rise in ...


Patisserie Holdings in crunch talks with banks over debt extension  Proactive Investors UK

Troubled cafe chain Patisserie Holdings PLC (LON:CAKE) remains locked in talks with its banks over a finance package without which the group might fail as ...


What the 1MDB Scandal Can Teach Us About the Nature of Debt  Bloomberg

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Casino Group to sell another 26 sites to Fortress to cut debt  Financial Times

French hypermarket group Casino Group has agreed the sale of another 26 sites to Fortress Group, raising a total of €500m to reduce its indebtedness.


EM groups will pay heavy price for gorging on debt  Financial Times

Less investment for growth and yet more borrowing beckons.


Bank of England raises alarm over junk debt  Telegraph.co.uk

Fears are mounting that the $1.4 trillion risky loan market could lead to a subprime mortgage-style meltdown after Bank of England research caused shock ...


Barrow's debt crisis expected to spike this month as 'perfect Christmas' bills hit doormats  NW Evening Mail

BARROW'S debt crisis will spike in January as Christmas bills hit doormats, officials have warned.


UK Fintech MarketInvoice secures £56m in equity and debt funding  BQ Live

Fintech business lender MarketInvoice has announced it has raised £26m in new equity funding.


Peterborough Universal Credit claimants pushed into £5,000 debt arrears, new report claims  Peterborough Telegraph

Peterborough residents receiving Universal Credit have been pushed into debt, with some claiming they are in arrears of more than £5000.


Beat depressing Blue Monday by owning up to debt, experts say  Daily Mail

Tomorrow is 'Blue Monday' – supposedly the most depressing day of the year with money worries a key contributor. Financial experts say confiding in others is ...


How January pushes the poorest towards the priciest debt  The Independent

For many people, this is now the fifth week since the last payday – and for a significant number that's causing serious problems. December is an expensive ...


South Africa Is Said to Help Zimbabwe With Debt-Clearance Talks  Bloomberg

South Africa offered to use its influence with the International Monetary Fund and World Bank to help broker a debt-clearance plan for Zimbabwe, according to a ...


JGBs edge lower as safe-haven appeal of debt fades on stronger equities  Reuters

Japanese government bond (JGB) prices edged down on Monday as gains in Japanese and U.S. equities helped improve investors' risk appetite and ...


Paying down debt should be priority for low income workers, say experts  CTV News

Investment planning can often be seen as a luxury for the financially stable but advisers say that it's especially important for those who are starting out in their ...


Rwanda dispels concerns of debt distress  The New Times

To finance infrastructure development and other development expenditure, the Government often has to borrow from international financiers, private sector, ...


More Bad News: Tesla Is About to Owe $920 Million in Debt  Futurism

A nearly billion-dollar debt is about to come due for Tesla. That's more bad news about a trying month for the futuristic automaker.


Public debt in emerging Asia creeps past 50% of GDP  Nikkei Asian Review

SINGAPORE -- Government debt in emerging Asian economies hit 50% of gross domestic product in the third quarter of last year, according to estimates b.


2019 Is The Year Of The Corporate Debt Diet  Forbes

Fear of corporate credit is overblown as companies are aware of the issue and addressing it already. Expect that trend to continue.


UK reviews impact of student debt on financial stability  Financial Times

Bank of England examines how loans affect graduates' ability to spend and pay other debts.


Universal Credit’s five-week wait pushing Brits into spiralling debts from the start, MPs warn  The Sun

BRITS on Universal Credit will spiral into more debt when switching over to the new benefits system, MPs have warned. The powerful Work and Pensions ...


This diabetic federal worker rationed her insulin during the shutdown because debt was scarier than dying  CNN

Mallory Lorge, a furloughed federal worker and a diabetic, told CNN she resorted to rationing her insulin medication because "the thought of having more debt ...


Tesla has $920 million in debt that's coming due — and it could wipe out a large chunk of the company's cash  CNBC

Tesla has a billion dollar debt coming due, and it could wipe out nearly a third of the company's cash if the stock price doesn't improve. About $920 million in ...


Olivier Blanchard on debt: “Relax. Don't relax too much, but relax”  Financial Times

Author of the standard textbook on macroeconomics, former head of research for the International Monetary Fund, currently at the Peterson Institute for ...


MNP Consumer Debt Index Update: Canadians more worried about debt, interest rates and personal finances compared to September  GlobeNewswire

Number of Canadians who say they don't make enough to cover their bills and debt obligations increased by 7 points to 31%; Number of Canadians within $200 ...


New Look to regroup after restructuring debt  Drapers

New Look's refinancing, aimed at reducing its long-term debt by 80%, will put the retailer “on the front foot” in tackling its turnaround strategy, executive chairman ...


Vulture funds eat up debt bonds of Pizza Express, owned by John Zhao  The Times

Vulture funds are believed to be stalking Pizza Express, buying up the company's debt on the cheap in an attempt to seize control. The high street restaurant's ...


Average UK household debt now stands at record £15,400  The Guardian

Britain's household debt mountain has reached a new peak, with UK homes now owing an average of £15,385 to credit card firms, banks and other lenders, ...


£2m bank charge for college clearing debt with bailout  FE Week

A cash-strapped college has spent almost £2 million of the bailout cash it received from the government on bank charges – although it has actually saved money ...


Czech democracy ‘under threat’ from rising debt crisis  The Guardian

Snowed under with debts from a failed business, Renata's hands shook as she told a tale of financial misery that drove her to contemplate suicide and visited ...


Woman attacked with knife over 'cigarette debt'  The Ulster Herald

A MAN accused of beating a woman with a knife close to Strathroy last week over an alleged debt for cigarettes has been denied bail. The incident happened on ...


Brexit threat exposes frailties in UK debt markets  Financial Times

The UK's debt markets have remained fairly tranquil over the past couple of years as Brexit looms — but that cannot be expected to continue if there is a chaotic ...


China's globetrotting labourers face dangers and debt  Financial Times

Overseas workers struggle amid long hours, unsafe conditions and unpaid salaries.


Average household debt in Burnley up by 25% since 2014  Burnley Express

The average Burnley household's borrowing increased by 25% over the last five years, following the national trend of people taking on more new credit card and ...


New Look aims to cut debt by £1bn in restructuring plan  City A.M.

New Look will cut debt by £1bn as part of a restructuring deal agreed with investors, the fashion retailer announced this morning.


Gov't unable to tame the debt beast, Prokopis Hatzinikolaou | Kathimerini  www.ekathimerini.com

The state's overdue arrears to its suppliers seem like an untamed beast: Although in November the state paid off 225 million euros, its total debts to third parties ...


Does the corporate debt mountain pose an avalanche risk?  Independent

Paris, France | AFP | During the years of ultra cheap money, companies loaded up on debt but now the concern is whether they will be able to handle the ...


Don't let Instagram envy put you in debt  The National

The fear of missing out can cause social media-influenced spending on holidays.


This is the best place to live in America to pay down debt  CNBC

LendingTree recently analyzed data in 50 of the biggest metro areas in the U.S. to find which city was the best to live in if you're looking to pay down debt.


Student loan debt is keeping young people from buying homes, Fed study finds  CNBC

Home ownership among all Americans for the study period declined 4 percentage points, from a peak of 69 percent in 2005 to a trough of 65 percent in 2014.


Hundreds of people in Barrow in debt owing more than £1m - shock report reveals  NW Evening Mail

BARROW'S debt crisis soared past a million pounds last year, according to a shocking new report.


Spectre Announces Senior Debt Facility for B737NG Freighter Portfolio  PRNewswire

DUBLIN, Jan. 21, 2019 /PRNewswire/ -- Texas-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis Limited, has closed its first round of a ...


As China’s debt soars, the market for buying bad loans revs up  The Economist

FOR MANY investors, debt in China is something to fear, a shadow over the world economy. But for a different breed, it looks more like a terrain of untapped ...


Debt headache? Reboot your finances for the new year  The Guardian

Did you blow your budget in December? In a few days' time, the first set of post-Christmas credit card bills will land on doormats – and for many they will not ...


High Court rules against ATO, finding tax debts can be shifted between spouses  ABC News

A recent High Court case has found that a tax debt of one spouse can be shifted to another during a divorce property settlement, which lawyers say is ...


Record year: Sustainable debt market surges forward in response to growing global demand  www.businessgreen.com

The global green finance market enjoyed another impressive year in 2018, as record levels of sustainable debt were issued on the back of solid growth from the ...


China opens the debt taps again as economic growth slows to multi-decade lows  ABC News

China's central bank makes its biggest single-day cash injection into its economy as fears of a hard economic landing mount, writes Stephen Letts.


Angeles City wallowing in debt?  Sun.Star

BURIED in the inside page of a national newspaper was a story about the order of the Commission on Audit (COA) versus Samar Congresswoman Milagros Tan ...


Hedge funds target AA over debt pile  Telegraph.co.uk

Hedge funds have ramped up their bets against the AA, piling pressure on chief executive Simon Breakwell to get to grips with its enormous debts.


Brotherton recruits pbb's Vaughan to launch debt distribution business  Property Week

Brotherton Real Estate has hired pbb Deutsche Pfandbriefbank's head of UK syndications Tim Vaughan to launch Brotherton Debt Distribution.


Fears of excessive debt drive more countries to cut down their Belt and Road investments  CNBC

In recent months, countries such as Pakistan, Malaysia, Myanmar and Sierra Leone have either canceled or backed away from previously negotiated ...


Uganda's growing public debt  Independent

Kampala, Uganda | ANDREW M. MWENDA | On January 10, I watched with increasing depression a debate about Uganda's national debt on the NBS Frontline ...


Three steps to avert a debt crisis  POST-COURIER

BY Martin Mühleisen and Mark Flanagan. There has been much public discussion of the debt sustainability of a handful of high-risk countries. However, the ...


US bond king Jeff Gundlach warns US floating on 'ocean of debt'  Moneycontrol.com

Total corporate debt in the US has swelled from nearly $4.9 trillion in 2007 to nearly $9.16 trillion at the end of Q3 CY18, up 86 percent.


US national debt rises $2 trillion under Trump  CNN

The US national debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when President Donald Trump took office, according to ...


How to cure a Christmas debt hangover  The Independent

You had a great Christmas. You enjoyed picking the best gifts for the people you love, you ate and drank well, and you caught up with friends and family you ...


Provident Financial warns on profit after rise in bad debt  Financial Times

Subprime lender reports tougher trading at Vanquis credit card division.


How to pay off all your debt in January 2019 with these easy steps  inews.co.uk

Christmas spending will have put the average person further into debt as the New Year starts. But it is possible to pay off a significant chunk in January.


More financial education needed to help Brits stay debt-free  ChristianToday

A Christian charity is calling for more financial education on Blue Monday as people across the UK struggle with rising levels of personal debt. After the ...


Westpac targets tech, low carbon start-up debt funding in emerging industry push  The Australian Financial Review

Westpac will increase its backing of the emerging start-up sector through a Silicon Valley-style approach to debt financing, which has so far been scarcely used ...


Have we been misled over the importance of government debt?  The Independent

Fiscal illusion” sounds like the kind of thing Derren Brown might do to your wallet in front of a packed theatre. But actually, fiscal illusions are what perturb ...


Average Household Debt Climbs to New High of £15,400  Money Expert

The TUC (Trades Union Congress) has released figures showing that average unsecured debt per household in the UK has reached a new peak of just under ...


The British high street crisis is due to debt, not Brexit  New Statesman

In 2018, the British high street endured its worst Christmas since the global financial crisis of 2008. Figures released by KPMG, which audits many of the firms in ...


Brexiteers owe Dominic Grieve and Gina Miller a debt of gratitude  Spectator.co.uk

If, as seems inevitable, the Commons votes to reject Theresa May's Brexit deal later today – thereby sparing Britain from the humiliation of being trapped…


Tata Chemicals Limited risks losing land over Sh17b debt  The Standard

[Peterson Githaiga, Standard] Kajiado Governor Joseph ole Lenku has threatened to subdivide land on which sits a mineral company he claims owes the county ...


Get in debt or turn down job? Universal Credit's 'stark choice'  BBC News

The Universal Credit system leaves too many UK claimants with children facing a stark choice between turning down jobs or getting into debt, MPs warn.


Here's How Much Debt Collectors Earn In Every State  Forbes

Ever wonder what one of the most disdained jobs in the country earns a year? Now it's time to find out how much money debt collectors are taking home in each ...


Universal Credit delay ‘traps Brits in debt and forces them to food banks to pay it all back, charity warns  The Sun

UNIVERSAL Credit's five week wait for help is trapping Brits in debts which they can't ever repay, a charity has warned. Christians Against Poverty say that the ...


The 'paradox of debt'—or how to avoid austerity again • Social Europe  Social Europe Journal

The Spanish government's budget proposals show some break with the austerity of its conservative predecessor. But there is still an excessive commitment to ...


China corporate debt defaults may lead to crisis, global contagion  Business Insider

The sheer scope of debt levels in China is leading to fears that the country could be teetering on the edge of a crisis.


Wauconda District 119 to refinance debt, save $2 million and end payments early  Chicago Tribune

A plan to refinance some of Wauconda Community Unit School District 118's existing debt will end payments three years earlier than currently scheduled and ...


Paying off debt is a pressing issue for Gen X and younger boomers  CNBC

While 70 percent of this demographic were able to set aside money for their later years in 2018, building that nest egg is not their current focus — paying down ...


Mozambique ruling party grapples with $2bn state-debt scandal  TimesLIVE

When former Mozambican finance minister Manuel Chang was arrested at Johannesburg airport over the Christmas holidays, it triggered a political crisis ahead ...


Experts warn of looming financial crisis in wake of high debt levels  Free Malaysia Today

PETALING JAYA: A group of financial academics today warned of the possibility of a financial crisis in Asia, in light of the mounting global debt levels. The Asian ...


Utah starting $2.5M debt forgiveness program for tech grads  KSL.com

Utah is rolling out a program to forgive college debt for tech workers who stay and work in the state.


In last 4.5 years, India’s debt increased by 49% to a whopping Rs 82 lakh cr  The Siasat Daily

NEW DLEHI: Total liabilities of the government have increased 49 per cent to Rs 82 lakh crore in the last four-and-half years during the Narendra Modi ...


New Look reveals plan to slash debt to £350m  Drapers

New Look has agreed a debt-for-equity swap with a group of its key financial stakeholders, which is aimed at reducing its long-term debt by 80% from £1.35bn to ...


Is it smarter to save for retirement or pay off debt first?  Los Angeles Times

A recent college graduate wonders if saving for retirement can wait until student debt is paid off.


Can Hollywood’s Biggest Media Companies Avoid Getting Crushed by Debt?  Variety

Media giants have piled up mountains of debt. AT&T, Disney and Comcast now need to make sure they don't get crushed under those obligations.


There’s Not Enough Debt in the World  Bloomberg

It may be a cliché, but it's true that the world's awash in debt. In its quarterly update, the Institute of International Finance said on Tuesday that the world's debt ...


The biggest emerging market debt problem is in America  Financial News

A recurrent topic in the financial press for much of 2018 has been the rising risks in the emerging market asset class. Emerging economies are, of course, a very ...


Inside the bizarre world of the Freemen, who get out of parking fines and debts by refusing to obey UK laws  The Sun

CONSPIRACY theorists are getting off parking fines and thousands of pounds worth of debt with bizarre claims they are not subject to most UK laws. Thousands ...


Flagship South African airline in crunch debt talks  Financial Times

SAA chief stresses need to restructure loans as it strives to avert closure threat.


FSL Trust sells tanker to fund newbuilds and repay debt  Seatrade Maritime News

First Ship Lease Trust (FSL Trust) has disposed of a MR product tanker to fund newbuilding acquisition and make debt repayment. Net proceeds from the sale of ...


Investors flee risky US corporate debt  Financial Times

US investors have pulled back sharply from the riskiest corners of the debt markets, putting junk bonds and loans on course for their worst month since August ...


Policymakers urge action on EU sovereign debt ‘doom loop’  Financial Times

Banks have accrued large stockpiles of their home nation's debt for political reasons.


Debt worries keep one in 10 of us up at night: tips to take back control - Your Money  Your Money

More than one in ten Brits say worrying about their financial situation regularly keeps them up at night.


Debt-plagued dad fraudulently sold goods online after he was 'threatened by loan sharks'  Chronicle Live

Craig Swinburn, 39, was almost jailed after going to Gumtree to swindle his bosses.


Debt crisis: British families face £15k misery  Express

The average UK family now owes £15,385 in unsecured debt, such as credit cards, loans and overdrafts. In its annual report into the nation's finances, the ...


Fabinho reveals his debt of gratitude to Jurgen Klopp and Virgil van Dijk at Liverpool  Liverpool Echo

Brazilian midfielder has stepped up and showcased his versatility in recent weeks.


Riskier debt is falling out of fashion  Financial Times

Joe Rennison and Nicole Bullock raise some interesting points about the recent slump in investor demand for high-yield and leveraged loans (“ Loan fund ...


Stock Market Margin Debt Plummets Most Since Q4 2008  Seeking Alpha

The only form of stock market leverage that is reported monthly is margin debt - the amount individual and institutional investors borrow from their brokers aga.


Scotland lurching towards personal debt crisis: 200 plus could go bankrupt every week  Express

THE New Year will see soaring numbers of Scots go bust as they fail to cope with the financial strain of debt, experts have warned. Gloomy figures reveal that ...


Premier Oil to pay down more debt after record production  Financial Times

Premier Oil, the North Sea producer, expects to pay off more of its hefty debt load this year than previously expected, helped by another year of record production ...


US scholarship provides debt-free future for young grad  Māori Television

Reihana Paewai, a graduate of Te Kōhanga Reo, Te Kura Kaupapa Māori, and Wharekura, headed back to the United States of America last night to continue ...


Triple-B movie: ‘Big Short’ star fears for debt-laden companies  Financial Times

In an economic slump, buyers for BBB-rated bonds may be hard to find.


India’s debt under Modi govt surges 50% to Rs 82 lakh crore  India Today

Total liabilities of the government has increased 49 per cent to Rs 82 lakh crore in the last four-and-half years during the Narendra Modi government, as per the ...


KNH in cash crunch over Sh1 billion debt  The Star, Kenya

Kenyatta National Hospital is in deep financial trouble after the National Hospital Insurance Fund failed to pay Sh800 million it owes the giant medical institution.


Britain owes £72.5bn on credit cards as households pile on debt despite fears for economy  The Independent

Britons owe a total of £72.5bn on credit cards with £400m added to balances in November alone, new figures show. Each household in the UK now has an ...