Household debt is an issue many are hesitant to talk about. 80% of people who owe money don’t seek help, instead hiding their financial problems from fiends and family. The concept of household debt is a consumer’s total debt within a home, which can include debt through credit cards, student loans, leases, mortgages, and business […]
Jubilee Scotland is part of a new campaign to Build Back Better. As we begin to recover from the devastating impacts of Coronavirus, we have a chance to transform our society for the better. The outbreak of COVID-19 has reminded us what is really important – looking after each other and our communities, our health […]
We need to assess the public health crisis that is about to explode in the Global South if debt is not outright cancelled. While most Northern countries are in the midst of fighting against the virus, the heaviest impact caused by the pandemic will be on countries in Africa, South & Latin America and Southeast […]
This past week has been a big win for people working to improve education in countries that have been plagued by Private-for-profit schools, such as Kenya, India, Ghana, Uganda and Liberia. The World Bank Group announced that its private sector division, the International Finance Corporation (IFC) would be reforming how they approach lending policy, their […]
Jubilee Scotland has signed up today to a new debt jubilee to tackle the Covid-19 health and economic crisis facing hundreds of millions of people. This World Health Day, more than 150 organisations and networks have called for debt in the global south to be cancelled to fight to COVID-19 outbreak. Some of the world’s […]
The launch of our report Last month at the Scottish Parliament we launched our report ‘Rethinking Private Financing’, the culmination of work from Jubilee Scotland over the past year researching PPP & PFI schemes. You can download and read it here. The launch was hosted by Neil Findlay MSP, who spoke to us about how […]
In the midst of a windy day on the 29th of January 2016, the side of Oxgangs School in Edinburgh collapsed. A large section of the gable wall came crashing down with nine tonnes of bricks falling across the path below. An independent report concluded that it was “a matter of timing and luck” that […]
Below are some developments from the world of global debt over the past few months. The Scottish Government launched its White Paper ‘Scotland’s Future’ on the 26th November. In this, debt relief is highlighted as a priority for international development, with the statement: “The Scottish Government will give careful consideration to the question of ‘unjust’ […]
What was the value of Malawi’s debt cancellation (received in September 2006)? If Malawi had received its debt relief with no hidden reductions and cuts, it would have had $101 million extra per annum free in its budget (the UK, in comparison, gave $180 million in 2006: SID, table 16.2). What it has really had […]
