Ed Miliband calls for improved debt relief system
Ed Miliband today made a speech on global financial reform at the IMF and World Bank Annual Meetings in Bangkok. In the speech the UK Foreign Secretary said: “Now, there…
Debt crisis drives 8% cut in education spending in high-debt countries
Education spending has fallen by 8% in countries facing the highest risk of debt distress since 2019, according to new research by Debt Justice, as lower-income countries in debt crisis…
Reaction to £2 bus fare cap funded by switching international climate finance from grants to loans
In response to Prime Minister Andy Burnham’s £2 bus fare cap funded by switching international climate finance from grants to loans, Heidi Chow, Executive Director of Debt Justice, said: “This is a welcome step for the millions of people forced…
Bondholders use threat of UK legal action to limit debt relief for Ethiopia
Reacting to news that bondholders have agreed a debt restructuring deal with Ethiopia, Tim Jones, Policy Director at Debt Justice, said:“Bondholders have successfully used the threat of legal action in…
Debt Justice responds to new Ofgem energy debt figures
For more information and interviews contact Toby Murray, Policy and Campaigns Manager, on +44 (0)300 040 0011 Responding to the news that total energy arrears have reached £4.79bn. [1] Toby…
Council tax arrears across Britain hit record £9.3bn
For more information and interviews contact Toby Murray, Policy and Campaigns Manager, on +44 3000 400011 New analysis from Debt Justice reveals that total council tax arrears across Britain have…
Ethiopia bondholders plan to sue in UK after rejecting debt relief deal
A group of bondholders have rejected the latest debt restructuring offer from the Ethiopian government and reaffirmed they are suing the East African country in the UK High Court. Reacting…
Debt Justice responds to Ofgem’s planned Energy Price Cap rise
For more information contact Toby Murray on +44 (0)300 040 0011 In response to Ofgem’s energy price cap rise, Eva Watkinson, Head of Campaign at Debt Justice said: It’s a…
Private lenders to make over $4 billion (CFA 2,000 billion) profit if paid in full by Senegal
Private lenders will make $4.4 billion (CFA2,500 billion) profit if they are paid in full by Senegal. The new calculations by FRAPP and Debt Justice show this is 44% more…
Debt Justice responds to modernising and improving the administration of council tax – government response
For more information and interviews contact Toby Murray on +44 (0)300 040 0011 In response to the Ministry of Housing, Communities and Local Government publishing the government’s response to the…