Latest Debt News

Latest news from BBC News

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Banking fraud 'moves to internet'

Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, new research shows.

BA strike action talks to resume

Talks aimed averting strike action by BA cabin crew are due to resume later, after a deadline was extended.

Trade gap widens unexpectedly

The UK goods trade deficit with the rest of the world widens in January, causing the pound to dip below $1.50.

Payment protection rules delayed

The Financial Services Authority is delaying its plans to combat the mis-selling of payment protection insurance.

Aer Lingus to make 670 job cuts

Aer Lingus announces plans to lay off 670 staff, including nearly a quarter of its cabin crew, as part of restructuring plans.

Obama backs Greece on speculators

President Barack Obama has 'responded positively' to calls to clamp down on market speculators, says the Greek PM after talks.

EU concern over end of tanker bid

Brussels says it hopes European aerospace group EADS was not prevented from fairly bidding for a major US defence deal.

M&S boss says he expects pay cut

Marks and Spencer's chairman and chief executive will reduce his role in the company this year - and says he will take a pay cut.

Npower will cut gas bills by 7%

Energy company Npower is to cut domestic gas bills by 7% from 26 March, following price cuts by other suppliers.

Photographer Annie Leibovitz snaps up debt rescue deal

Photographer Annie Leibovitz does a deal with Colony Capital to clear huge debts that meant she may have lost her library of famous pictures.