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18 October 2017

Young people being strangled by debts

Take the wealth off the super-rich - no to the Tories' scapegoating of pensioners!: Over a third of young people are in debt - on average by 2,989 - says the Money Advice Trust

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20 September 2017

Defuse the consumer debt time bomb: nationalise the banks!

Still recovering from the last crisis? Hold on to your wallet, Britain's bankers are storing up another one - 200 billion of consumer debt

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26 July 2017

Abolish tuition fees and student debt!

Jeremy Corbyn's election pledge to abolish tuition fees was one of the most attractive and popular offers in Labour's manifesto.
His hint that he might also support writing off existing student debt was also warmly received.

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31 May 2017

Families to have 15,000 debt by 2020 - trade union action needed

The average family will be around 15,000 in debt by 2020, says the TUC. A Corbyn-led government would be an important step forward

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16 November 2016

1.5trn household debt - nationalise the banks!

The average adult in the UK is now a whopping 30,000 in debt. This is 113% of the average annual income. The total household debt in the UK has rocketed to over 1.5 trillion.

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31 August 2016

Over a million families in 'extreme problem debt'

1.6 million low-income families in 'extreme problem debt' - debt so crippling that it takes 40% of their total household income. Another 3.2 million households, that's one in eight, are struggling to manage their debt repayments, taking up 25% of income.

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13 February 2013

Low pay + high prices = debt misery

I volunteer for an advice agency and deal with some people's debt problems. Clients from all walks of life come in because they're worried and need the free help and advice we can offer, writes Carole Wood.

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5 April 2011

Belt-Tightening Brown Threatens Cutbacks

GORDON BROWN has warned his fellow ministers to abandon any hopes of big rises in next year's public spending round...

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Greek workers battle police during two day strike , photo BBC video screen shot

Greek workers battle police during two day strike , photo BBC video screen shot

5 May 2010

Eurozone hit by debt crises

Turmoil reveals limits of European integration: The countries that adopted the euro are facing the most precarious situation for their currency union since they started using the euro in 2002...

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22 October 2008

Fast News

Hard as rock: Faced with escalating house repossessions, the government is now urging banks to be lenient on people falling behind with their mortgage payments...

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21 May 2008

Them and Us: The great divide

IN SPAIN it was 76%, in Italy, France and Germany it was over 80%. That was the percentage of people who told a Financial Times/Harris poll that the gap between rich and poor is too wide.

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7 June 2007

Drowning in an ocean of debt

IT IS a telling sign of the scale of debt-related stress, when some people who have 'opted' for bankruptcy say they are relieved...

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3 May 2007

Campaign to Defeat Fees

THE CAMPAIGN to Defeat Fees (CDF) day of action on 27 April involved students in schools, colleges and universities nationwide...

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19 April 2007

Cuts reduce advice for the people who most need help

THE ARTICLE in last week's the socialist by John Greene, on legal aid cuts, highlighted a growing problem that faces millions of working people - and not just in the areas he mentioned, but also in their claims for welfare b...

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22 February 2007

Living in debt - with no advice

RECENTLY I spoke to someone who wanted to get help and advice over a couple of debt issues, a three-grand student loan and water rates. ...

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10 August 2006

Sinking under a debt mountain

"ANOTHER DAY older and deeper in debt" goes the lyric of the 16 Tons song. Unfortunately, this is an all too accurate description of personal indebtedness in Britain today...

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15 June 2006

Tax credit system: Millions driven into debt

THE FIASCO of the tax credit system has hit the headlines again. Stark figures show that millions of low-paid workers are being driven into debt by a system set up to overcome poverty. A London Citizen's Advice Bureau (CAB) worker writes.

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9 June 2005

Brown spins but won't end debt

G8: make poverty history - make capitalism history
Gordon Brown - arm-in-arm with Oxfam - is proclaiming himself as the new champion of the poor and making his bid to be the next Prime Minister...

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19 March 2005

'Third World Debt' - who gains from Brown's plans?

GORDON BROWN urged activists at Labour's Scottish conference to join the July demonstration demanding global justice at the Edinburgh G8 summit...

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15 January 2005

Tsunami disaster: cancel the debt

THE TERRIBLE effects of the tsunami in the Indian Ocean have forced the world's richest nations, the G8, to agree to suspend debt repayments from the worst hit countries...

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