debt

Zaslav’s company is desperate to pay down debt taken on two years ago when the smaller Discovery merged with WarnerMedia, relieving AT&T of its entertainment headache.

Weston, a former British Gas executive, was hired in January this year to try and turn around the fortunes of a company drowning in debts of £18bn.

Lots of people are still struggling to pay back debts that built up over the last few years.

E.On has also agreed to write-off debt held by almost 150,000 prepayment customers who cancelled their accounts over the same period.

The 54-year-old, who was sacked as a Merseyside Police special constable last year over undeclared debts, has not responded to the latest allegations despite repeated attempts to contact him.