Debt costs 'reach record levels'
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The burden of paying off household debts has reached record levels, says a leading firm of accountants.
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&quot;We have achieved a lot,&quot; said a senior Ministry of Finance (MOF) official on Monday while presenting the heavily debt-ridden central government budget for fiscal 2005.
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It's taking on water, and debt.
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Japan's debt rose 3.7 percent to a new record of 729.228 trillion yen (&#36;6.59 trillion) as of June 30 compared with a year ago, the government said Friday.
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The federal government, running record budget deficits over the past two years, is projecting that it will have to borrow a record $147 billion in the first three months of 2005, the Treasury Department announced Monday.
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British public finances suffered last month their worst September since comparable records began while borrowing in the fiscal year to date is running
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Experts predict there will be a record number of retailer bankruptcies in the coming months, due to rising costs and some of the weakest consumer spending in years.
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Current account deficit hits record high as credit crunch knocks tax receipts from the City
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Spending by credit and debit cards  overtakes cash spending in the UK for the first time, says the Association of Payment Clearing Services.
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The number of people living beyond 100 years has reached a record high in England and Wales, official figures show.
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One of the latest actions by this United States Senate is an ominous one. This week, the Senate voted to raise the federal debt limit by $800 billion to $8.2 trillion.
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Family finances are being hit as bills and taxes rise faster than incomes, a centre-right think tank warns.
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A record number of homeowners with high-cost mortgages have fallen behind on their payments or are facing foreclosure, a side effect of the growth in lending to people with poor credit, according to an industry group survey released yesterday.
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Business & money: Â· Inflation fears as growth is stronger than expected Â· Manufacturers weather burden of strong pound
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A record number of people are due to have their claims for the return of overdraft charges heard at a Leeds court.
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The European Central Bank on Wednesday raised borrowing costs to their highest level in nearly six years, pointing to a humming economy that raised the risk of higher inflation.
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The US budget deficit is set to reach a record $427bn in 2005, the White House predicts.