Post Tagged with: "debt"

Hilary Powell and her partner Dan Edelstyn  started HSCB to help other Londoners get out of debt

Radical bank buys Londoners out of debt

A radical, independent bank in London is selling art to help support families in debt, it has emerged. The Hoe Street Central Bank (HSCB) is not a typical bank but has been set up for what its founders call “an act of citizen money creation”. It creates its own currency in the form of beautifully designed banknotes and sells the[Read More…]

Deputy Prime Minister Milanka Opacic announced that some of the poorest communities in Croatia will have their debt cancelled

The poor of Croatia has their debt cancelled

A plan has recently been drawn up to cancel the debt of 60,000 of Croatia’s poorest citizens. This has been done in order to allow people to have a fresh start, especially those who are in debt and don’t have any assets. This also includes tax debts and government fines. Under the plans, debtors must have no savings or property,[Read More…]

The secret origins of Christmas

The secret origins of Christmas

Christmas is something that means a lot of different things for different people. For many, particularly those in the West, it is just a way of chilling out with friends and family, opening presents, getting drunk and having a good time. Others see it as a time of spiritual or religious worship, whereas some see it as a pagan festival[Read More…]

Prime Minister David Cameron, with Sharon and her daughter.

Help to Buy publicity stunt backfires on David Cameron

The government’s Help to Buy scheme has been hailed as an initiative which has helped thousands of hard-up people to get onto the property ladder – but is this really the case? Under the Help to Buy scheme, equity loans are given to first-time buyers and home movers on new-build homes worth up to £600,000. These loans lend buyers 95[Read More…]