Diana’s lover facing taxman’s music
LONDON - James Hewitt, who earned the infamous sobriquet of a 'royal love rat' after his revelations of an affair with the late Princess Diana, is now facing the taxman's music for failing to pay up his dues.
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Mon, 10 Oct 2005 00:35 GMT |
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Debt write-off ratified by finance ministers and IMF
WASHINGTON - Finance Ministers from across the globe have reached a historic agreement that wipes out the debt of eighteen of the poorest countries in the world. The deal to cancel out around $55 billion debt had been initially inked at the Gleneagles summit of the Group of Eight in July.
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Sun, 25 Sep 2005 15:25 GMT |
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Royal Bank is unfazed despite rise in arrears
Following closely on the heels of a couple of banks’ announcements of an upsurge in their bad debts, the Royal Bank of Scotland (RBS) also registered a marked increase in its credit card arrears, raising apprehensions of the bank falling prey to the scaling borrowing tendencies in the country that was leading to increased cases of default.
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Sat, 11 Jun 2005 07:05 GMT |
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Number of women bankrupts almost double in 5 years: Research
A recent study by an accountants firm has shown a jump of more than 40% in the number of women bankrupts in the past five years. The accountants firm Wilkins Kennedy, conducted the research and analysed over 800 bankrupt cases across England and Wales. An unexpected 42% of these bankrutcy cases were women.
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Tue, 17 May 2005 16:05 GMT |
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Debt consolidation invites over more personal loans
Considering a loan after a debt consolidation? That is just what people happen to be doing this year in an attempt to reduce their monthly outgoings and consolidate debts into one payment.
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Thu, 14 Apr 2005 00:00 GMT |
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Wedding couples veil debt amounts from fiancee
Heard of finance getting into love’s way? A study by Prudential revealed probably one of the best kept secrets between couples. It disclosed that as many as one in ten people hid their debt records from their fiancés, fearing subsequent splits or arguments.
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Sat, 09 Apr 2005 00:00 GMT |
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Students fret over daily cash crunch and disregard graduating debt
A research conducted by Dr. Adrian Scott from the University of Bath divulged that students were more worried about their daily spending money or ‘pocket money’, than their huge amounts in debt. The report made quite an interesting revelation that students were getting so inured to taking debts that debts had become quite ‘manageable’ for them.
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Tue, 05 Apr 2005 00:00 GMT |
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Bankruptcy law loophole lets off offenders
The Enterprise Act, which comes into effect on April 1, 2004, has a loophole that enables false bankruptcy offenders to get off without punishment, legal experts have said. According to Department of Trade and Industry estimates, between seven to 12 per cent bankruptcies are false.
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Mon, 04 Apr 2005 00:00 GMT |
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Debt Free Direct backs measures to aid distressed borrowers
Unfortunate events like illness and joblessness are probably a borrower’s worst fears, as he will then have to struggle hard to make mortgage or loan repayments in the case of any such misfortune.
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Thu, 31 Mar 2005 00:00 GMT |
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Tunnel on its way to debt renegotiation talks
Eurotunnel heads have called a meeting today to begin talks about the restructuring of the Channel Tunnel operator's massive £6.2billion debt. Talks had so far been delayed because of the on going dispute regarding the £13.2million advisory fees claimed by the creditors.
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Wed, 30 Mar 2005 00:00 GMT |
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