Debt fears to sour holiday mood  (Reuters via Yahoo! UK & Ireland News)

Persisting fears about sovereign and related debt from Greece to Dubai will keep investors occupied into 2010 after they enjoyed one of the best years for world stocks in the past two decades.

Yorkshire Bank parent is ready to swoop in sector consolidation (Yorkshire Post Today)

YORKSHIRE Bank owner National Australia Bank (NAB) said it is ready to spearhead further consolidation in the UK banking sector. (18/12/2009 09:01:22)

Moody’s prods Japan on debt (The Japan Times)

Japan should set a “well-articulated” target to reduce government debt that is already the largest in the world, according to Moody’s Investors Service. “Deficit reduction and a debt target would help support a rating,” Moody’s Senior Vice President Thomas J. Byrne said Tuesday in Singapore. “Things we are most concerned about are the lack of well-articulated long-term fiscal consolidation and a …

Seeing the Forest: Name It "The Bush Debt Tax"

Name that tax the “Bush Iraq Debt” tax, and use every penny from that tax to pay down the portion of the national debt that was created by Bush’s war (with a built-in “self destruct” feature that makes the tax expire once Bush’s war has …

‘Tax Hike Needed’ To Tackle National Debt (MalaysiaNews.net)

Taxpayers may have to shoulder a 7p rise in the basic rate of income tax if the Government is to tackle the massive national debt, a think tank has warned. The National Institute for Economic and So…

(AFX UK Focus) 2009-10-21 13:00 STOCKS NEWS US-Futures down as investors fear consolidation (Interactive Investor)

Stocks on the move Real-time Equity news U.S. stock market report

‘Tax Hike Needed’ To Tackle National Debt (SkyNews via Yahoo! UK & Ireland News)

Taxpayers may have to shoulder a 7p rise in the basic rate of income tax if the Government is to tackle the massive national debt, a think tank has warned.

Income tax could rise 7p to tackle national debt (Evening Standard)

The Government could have to put 7p on the basic rate of income tax as part of its efforts to bring national debt back under control, according to a report published today.

Debt Collectors Inspire The Most Complaints, Say Attorneys General

More complaints were filed last year against debt collectors than any other industry, the National Association of Attorneys General announced Monday. The group’s annual survey of state attorneys general offices identifies the ten …

Spanish family quietly gear up for transport dynasty in UK (The Herald)

The Cosmen family, who have teamed with private equity group CVC Capital Partners in a £680m bid for debt-laden National Express, are a Spanish dynasty with ambitious plans of building a UK-based transport empire.