Sovereign debt crises: Stop bailing out reckless lenders
Briefing available in English, French and Spanish In this briefing 34 civil society organisations set out how IMF loans are used to bail out reckless lenders. They call for the…
Personal debt grows six times more than wages
Bank of England figures released today show that unsecured personal debt is 6.5% higher than a year ago Jubilee Debt Campaign has calculated that unsecured personal debt has grown by…
10 key facts which show the truth about the UK’s debt crisis
• Amount of interest being paid on government debt is at virtually the lowest level since records began • But the UK economy has the highest deficit with the rest…
African Finance Ministers call for greater transparency of PPPs
Finance Ministers of low income Francophone countries have called for a range of measures to ensure the costs of Public-Private Partnerships (PPPs) are transparent. In a communique at the IMF…
Impoverished countries are being sold a dangerous private finance scheme
A new manifesto has been launched by civil society organisations from all over the globe, to condemn this exploitative financial practice
UK government promotes rip-off health PFI schemes abroad which it disowns at home
Liam Fox, Jeremy Hunt, Boris Johnson and Priti Patel have all criticised the costs of PFI schemes in the UK, yet their departments are all actively promoting similar schemes in…
Double standards: How the UK promotes rip-off health PPPs abroad
This report (24 pages) concerns Public Private Partnerships (PPPs) in healthcare, known in the UK as the Private Finance Initiative (PFI) It exposes how such PPPs have been an expensive…
Global debt crises and threats increase across the world
Twenty-seven countries across the world are in debt crisis, with a further 80 at risk of being so, according to new figures released for World Debt Day on 16 May.…
Commodity price crash causes debt payments to soar
Effective interest rates on World Bank loans reaching 9%, whist on private sector loans hits 27% Over recent months there has been a crash in prices for commodities – metals,…
Campaigners warn of ‘debt iceberg’ at Africa private finance summit
Avoid perils of Britain’s PFI say campaigners Campaigners protested outside a conference in London this morning to warn of the dangers to government finances of public-private partnerships. The campaigners placed…
