The National Hemp Service was going to sell products such as clothes, made from a legal strain of cannabis, from a cafe in North London. But it never opened and was soon liquidated.

'It is not inevitable at this stage that the epidemic will trigger a meltdown, but if it does, the most likely transmission mechanism is a tsunami of corporate debt', says Ruth Sunderland.

The 52-year-old actor reportedly has an outstanding tax debt to the Internal Revenue Service of $4,967,376.41, according to court documents.

Alexander von Schoenburg - editor of Bilt, Germany's largest newspaper - makes an impassioned plea to EU leaders to allow Britain to exit the European Union with its head held high - it's the least Europe owes it.

The original owner, said to be a female beneficiary of a trust fund, is believed to have sold Chalet Helora to the Yorks in 2014 for 22m Swiss francs (£18m). They owe her £6.7m and she decided to go to court.

Cocaine dealers have tripled the price of their product since lockdown started in the UK, leaving many addicts desperate to kick the habit and quickly 'become hooked' again (pictured, stock photo).

Nearly a third of people in the UK have had to dip into their savings while a fifth have taken on debt, with the younger generations the worst hit, a new survey has showed.

My 22-year-old son graduated university last July and recently received his loan statement through the post. If I pay off the debt and he instead owes me the money what route could I go down?

My son has experienced no end of problems since upgrading his contract. His phone has been cut off, debt collectors have demanded money, and now he's being threatened by bailiffs.

I have received a letter from Lowell Portfolio, claiming an alleged debt of £599 which it says I owe to PayPal. But I rang PayPal and was told that in fact no money is owed on my account.

The Institute for Fiscal Studies said households are saddled with £8,000 of non-mortgage debts, totalling £230 billion across the UK. And the coronavirus pandemic means incomes are falling.

The US fashion brand's lenders will inject £322m of cash and take control of the chain at the same time as cancelling its debt. The preppy brand counts Meghan Markle among its high profile fans.

The group admitted that around 12,000 of its credit card customers, or 1.2 per cent, were already seriously in arrears by three months or more before the pandemic.

When Jeremy Corbyn and the Labour Party were proposing to go on a spending spree ahead of last December's general election there was much talk of a magic money tree.

Philip Hammond said UK output would grow faster than in most EU countries, creating half a million jobs. He vowed to spend billions to boost productivity, build homes and improve transport.

The OBR forecast a £122billion rise in UK debt, with £58.7billion blamed on Brexit. That came as it said the UK would not fall into a recession, but growth would be lower.

Amber Allen, 31, a YouTuber from Ontario, Canada, has only 30 items of clothing and lives off the land. She says lockdown should encourage everyone to be more sustainable.

Uber driver Latonya Young, 43, enrolled at Georgia State University in 2010 but had to quit classes due to a $693 hold on her account. She graduated last month due to Kevin Esch's donation.

There is something deeply sinister about cashing in on the pressures faced by young women today. I remember well the 'need' to have a new outfit for every occasion - and that was before Instagram.

Megan Mccutcheon, 25, of Alloa, Clackmannanshire, had become friends with the man in July, believing him to be wealthy and even admired how he 'cared and provided for his family'.

Excluding mortgages, personal debts hit a record total of £428billion in the third quarter of 2018 - which is 33 per cent higher than in 2008 just before the financial crisis.

For some people, it is not just overspending at Christmas that will leave them feeling short and there will be a number of debts that they will be looking to clear.

Now that February is here, most have received the first pay cheque of 2019 and those with a tight budget may be breathing a sigh of relief.

Two years ago, top balance transfer credit cards offered customers 43 months to clear their debt without paying interest. The longest deal today lasts just 29 months.

Periods of free borrowing on best-buy balance transfer cards have shortened by nearly 20 per cent in a year, according to figures compiled by data company Moneyfacts.

Yesterday the Mail reported that nine million people will start the New Year owing between £2,000 and £10,000. A further five million owe more than £10,000.

The average Briton wastes £640 a year on unwanted subscriptions. Nearly 12million of us have less than £100 in savings. Here is our wealth workout to help you reach peak financial fitness.

Mature student Tamara Gray, 29, (pictured) got into financial difficulties after spending several thousand pounds on the websites Very and Shop Direct on a buy-now, pay-in-12-months basis.

Last year 71,000 people used an IVA to become insolvent, a record. But are they being driven by firms looking to make money off debtors looking for advice, regardless of whether it's the right choice?

Nearly three quarters of women said they'd think twice about someone if they debts, compared to 69 per cent of men, according to research from comparison website Finder.

A record number of people are heading to debt charities with help over guarantor loans - including Emma, pictured, who paid back £23k after borrowing £10k from Amigo Loans.

As many as one in three people who hold subprime credit cards with interest rates as high as 70% are in problem debt, according to a new report released by the debt charity StepChange.

Households have £45bn more debt on credit cards, personal loans and overdrafts compared to the start of 2010 - growth of 25% in 10 years, Bank of England data shows.

Laura Heaps, 36, was denied a mortgage after her advisor said she had a default on her credit file. However, rating agency Equifax had mistakenly put her twin sister's historic debt on her report.

If you are someone who is looking to start the new year by paying off more of their debt, This is Money and its personal finance experts are here to help.

Those looking to cheaply clear their debts this January could take advantage of 0% balance transfer cards which charge no fees, provided they are happy to pay their balance off quicker.

The Financial Conduct Authority has told banks to help customers get out of debt, amid concerns of a potential wave of credit cards being scrapped under new rules.

The UK economy is built on spending, often fuelled by debt - credit cards, personal loans, car finance. We don't want to shrink it, only keep it manageable; and keep the Jenga tower from falling.

The FCA today brought in measures which offer consumers struggling with their finances bigger fee-free overdrafts and the ability to freeze credit and loan repayments for three months.

Next to a picture on social media app Snapchat of Ryan Reynolds teasing news about upcoming superhero film Deadpool 3, is a 'sponsored' post with its own teaser: that you can write off debt.

Households paid back a whopping £3.8bn more than they borrowed in March, the biggest figure on record, as households shunned their credit cards in the face of the coronavirus crisis.

Netflix and ESPN's brilliant 'The Last Dance' laid bare the extent of Michael Jordan's gambling habits in episode six over the weekend. It was centred around the 1993 Eastern Conference Finals.

From whether payment holidays will affect your credit file to what to do if you're struggling to pay your bills, debt charity StepChange answers five of the most common questions they've received.

My son has experienced no end of problems since upgrading his contract. His phone has been cut off, debt collectors have demanded money, and now he's being threatened by bailiffs.

I have received a letter from Lowell Portfolio, claiming an alleged debt of £599 which it says I owe to PayPal. But I rang PayPal and was told that in fact no money is owed on my account.

It may seem like a recurring nightmare, but Greece is in danger of running out of money again.

The Afghan Health Ministry said that 49 new COVID-19 cases have been registered in the country in the past 24 hours, which led the total cases surge to 714 on Tuesday.Kabul registered 18 new cases, maximum highest in the country, leaving behind Kandahar with 15 cases, Balkh 6 cases, Herat and Ghazni 4 new cases each, and Nangarhar 2 cases, according to the health ministry's data cited by Tolo News.At least 40 people have recovered from the virus in the country while 23 have succumbed to the highly contagious infection, the Health Ministry spokesman said.In the meantime, the International Monetary Fund (IMF) executive board approved immediate debt relief for 25 countries--including Afghanistan--in order to help these countries focus on COVID-19 response."Today, I am pleased to say that our Executive Board approved immediate debt service relief to 25 of the IMF's member countries under the IMF's revamped Catastrophe Containment and Relief Trust (CCRT) as part of the Fund's response to ..

While the West has abandoned the realism of the past century and has now turned to cooperation in pursuing common goals, South Asia remains trapped in this old paradigm, says Firdaus Ahmed.

The Kerala government complains that nearly all its revenue is used to pay the salaries of government employees. Why, then, is the government busy adding new members to its recruiting agency? P N Venugopal notes the contradictions, as the government's finances slide further into the red.

P Sainath.