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British personal debt nears `Time Bomb’ levels (The Economic Times) - Jon Menon and Ben Livesey LODON: Roland Snooks couldn’ resist a good deal on a loan, and for 11 years, banks including Egg and Abbey National were happy to feed his habit.. Fair Finance takes leaf out of bank book to give credit where it is due (FT.com via Yahoo! News) - A decade ago, Faisel Rahman was camped out in a tree as part of the guerilla campaign to prevent the Newbury bypass being built.. Fair Finance takes leaf out of bank book to give credit where it is due (Financial Times) - A decade ago, Faisel Rahman was camped out in a tree as part of the guerilla campaign to prevent the Newbury bypass being built. Today he is trying to change the society through capitalism with a business that provides loans and bank accounts to some of the UK’s poorest communities in east London.. U.K. Bankruptcies Soar as Loans, Card Debt Top $6,800 a Person (Bloomberg.com) - Dec. 1 (Bloomberg) -- Roland Snooks couldn't resist a good deal on a loan, and for 11 years, banks including Egg Plc and Abbey National Plc were happy to feed his habit.. Singing a Holiday Tune or a Debt Dirge? (The Motley Fool) - Attack your debt if the holidays have you wringing your hands over credit card bills. . Barclays to write off 1.5bn in credit card debt as bankruptcies hit record level (Times Online) - Barclaycard, Britain's most popular credit card, signalled yesterday that it expected its army of customers to default on an unprecedented £1.5 billion of debt this year .. Barclays CFO says too early to say when bad debts will ease UPDATE (Sharewatch) - LONDON (AFX) - Naguib Kheraj, the finance director of Barclays PLC, said it remains too early to say when a recent rise in bad debt charges at the bank will ease, blaming rising numbers of personal insolvencies.. Barclays Insolvencies to Limit Profit Growth in 2006 (Update6) (Bloomberg.com) - Nov. 28 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said credit-card defaults will limit this year's profit growth. Loan writedowns at the Barclaycard credit-card division will increase at the same rate as in the first half, the company said in a statement.. Barclays Insolvencies to Limit Profit Growth in 2006 (Update4) (Bloomberg.com) - Nov. 28 (Bloomberg) -- Barclays Plc, the U.K.'s third-largest bank by assets, said credit-card defaults will limit this year's profit growth. Loan writedowns at Barclaycard, the card division, will increase at the same rate as in the first half, the company said in a statement.. Barclays CFO says too early to say when bad debts will ease (Sharewatch) - \"The outlook remains challenging as Individual Voluntary Agreements and personal bankruptcies continue to increase, and we feel it\'s too early to call a turn in the impairment cycle,\" Kheraj told analysts on a conference call..

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