Amigo Loans on borrowed time in court wait

Amigo Loans heading for crunch court decision that could tip lender into administration, leaving 700,000 borrowers without compensation By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 20 March 2021 | Updated: 22:47 GMT, 20 March 2021 Amigo Loans is heading for a crunch court decision that could tip the lender into administration, leaving … Read more

Foreign-owned firms borrowed hundreds of millions in cheap Government loans

Giant foreign companies have handed billions of pounds to their wealthy investors after taking out cheap Covid loans backed by the British taxpayer, a Mail on Sunday investigation has uncovered. Our probe found more than £5 billion of payments to shareholders by firms that had borrowed vast sums from the Bank of England. The US … Read more

ALEX BRUMMER: Living on borrowed time with debt

ALEX BRUMMER: Eye-popping national debt is fine while interest rates remain low, but living on never-never is only sustainable short term In the UK, the Chancellor Rishi Sunak is projected to spend £280billion on the pandemic  Donald Trump has finally put his signature to a bailout package which will pump a further £1.7trillion into the … Read more

Brass key that was ‘borrowed’ from an 11th-century Kent tower 50 years ago is mysteriously returned

Brass key that was ‘borrowed’ from an 11th-century Kent tower 50 years ago is mysteriously returned – with a note saying sorry for the delay Sender returned key by post to English Heritage, saying it was ‘borrowed’ in 1973 Object still fits in keyhole of doors to St Leonard’s Tower, but it no longer rotates … Read more

£6m borrowed for every Covid death: Economist calculates terrifying price UK’s paying for pandemic

So, now we know. Our reward for suffering 27 days of an additional lockdown is a more restrictive regime than the one we waved goodbye to on November 5. Apart from the lucky 1 per cent who live in Cornwall, the Isle of Wight and the Scilly Isles, the introduction of the tier system will … Read more

Britain borrowed record £128bn in just three months to battle Covid

Fresh warning over tax rises as figures show Britain borrowed record £128bn in just three months to battle Covid By James Salmon for the Daily Mail Published: 22:00 BST, 21 July 2020 | Updated: 23:13 BST, 21 July 2020 Britain borrowed a record £128billion in just three months to battle the coronavirus crisis – almost … Read more

Government borrowed £62BILLION in April the highest on record

Government borrowed £62BILLION in April the highest on record as it bailed out millions of businesses and workers with coronavirus lockdown wreaking havoc on the economy Government borrowing topped £62billion in April, the highest ever recorded  Borrowing in April was around the same as the total amount for the previous year Public debt is on … Read more