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…
Welcome for Labour Private Finance Initiative announcement
Reacting to John McDonnell’s announcement that the Labour party will bring existing PFI contracts back in-house, and that the Labour party will “End the UK government’s financial and advisory support…
Liam Fox visits Mozambique: Calls for UK to take responsibility for role in debt crisis
The UK Secretary of State for International Trade Liam Fox is visiting Mozambique this week. The country is in a debt crisis after Mozambican officials borrowed $2 billion from the…
Debt justice and the 2017 general election
Ahead of the 2017 general election, Jubilee Debt Campaign have produced a short guide and suggested question for four vital issues: The UK’s role in Africa’s debt crisis The global debt…
Campaigners press Credit Suisse on Mozambique
The Mozambique government has said it will not make a $60 million interest payment due on 18 January On 17 January, campaigners from the Jubilee Debt Campaign handed in a…
Campaigners in Mozambique call for non-payment of hidden debts
A group of 26 organisations in Mozambique have asserted that the $1.86 billion of the country’s debts at the centre of a growing international controversy were contracted illegally and should…
Mozambique proposes ‘tuna’ bond restructuring
Proposed terms will cut debt but increase interest rate, leaving Mozambique no better off, despite crash in commodity prices reducing ability to pay Mozambique is trying to restructure the terms…
Budget 2016: Concern over switch of UK aid from grants to loans
Information hidden in budget announcements suggest UK government will be giving £3.8 billion of 'aid' money as loans in next four years
UK government response to Debt Trap campaign
Minister of State for International Development, Desmond Swayne MP, has responded to Jubilee Debt Campaign’s No New Debt Trap campaign, calling for urgent action to prevent a wave of debt crises…
Campaigners welcome Mervyn King’s support for Greece debt cancellation
The former Governor of the Bank of England has called for Greece to have a substantial proportion of its debt cancelled.
