Vulture funds and governments seek profit from Sudan debt relief
Today the Financial Times has reported that a group of vulture funds have hired lawyer Lee Buchheit to argue for debt relief for Sudan. They hope that if the North…
FCA decision to drop Mozambique investigation ‘deeply disappointing’
Reacting to reports that the UK’s Financial Conduct Authority has dropped its criminal investigation into Credit Suisse’s loans to Mozambique, Tim Jones, policy officer at the Jubilee Debt Campaign said:…
Debt Week: join the week of action!
Debt Week is a nationwide week of action against the growing debt trap faced by people, families and communities across the UK. From Saturday 27 October to Sunday 4 November…
Event on anniversary of Birmingham protest calls for action on unjust debt
Photo opportunity: 100 people unfurling banner saying ‘Break the chains of debt’ in Birmingham Cathedral grounds, Colmore Row, Birmingham B3 2QB from 14:15 to 14:45 on Saturday 29 September. On…
Ukraine’s ‘odious debt’ defence of $3bn Russian default goes to UK court
The English Court of Appeal has overturned a previous ruling and said that Ukraine’s “duress” defence of its non-payment of a $3 billion debt to Russia can go to a…
EVENT: 20 years of the Debt Justice movement
Celebrate with us in Birmingham on Saturday 29 September Join us for a day of remembering the successes of the debt justice movement over the last twenty years and learn…
EU Court of Auditors criticism “should be final nail in coffin of PPPs”
The EU Court of Auditors have released a report today which says that “EU co-financed Public Private Partnerships (PPPs) cannot be regarded as an economically viable option for delivering public…
100 UK MPs criticise Mozambique secret lenders ahead of debt talks in London
100 MPs sign motion which expresses concern about secret loans and calls for new transparency measures Mozambique government meeting creditors in London on 20 March On 20 March the Mozambique…
Press release: call for a household debt jubilee
Anti-poverty campaigners will today (Tuesday 6th March) call on the Government, the Bank of England and the Financial Conduct Authority (FCA) to instigate a Household Debt Jubilee in order to…
The case for a household debt jubilee
This briefing makes the case for writing off around £40 billion of ‘unjust’ household debt in the UK. A decade since the onset of the global financial crisis, outstanding household debt…