A third of young people feel more anxious now than this time last year, according to a study that found the prospect of Britain leaving the European Union, money worries and the cost of housing have magnified doubts about future prospects. The rise in anxiety sits alongside figures showing that around half of young people are struggling to make ends meet, including 10% of young people who are facing dire financial problems as stagnating wages and rising inflation hit their incomes. Coming only a week after senior MPs called for an independent review of the UK’s rising debt levels, the Young Women’s Trust said many of the 4,000 young people aged 16 to 30 it surveyed for its annual report, Worrying Times, battled to make it to the end of the month without borrowing money from friends, family or commercial lenders. The report found that 41% of young women and 28% of young men said it was “a real struggle to make their cash last until the end of the month”, compared … [Read more...] about Young people ‘more anxious than ever’ due to Brexit and rising debt
Entry of bad debts
‘Last summer there was a moment when there were concerns that media studies might be deleted,” says David Buckingham, an expert on children and technology and professor at Loughborough University, who spent much of last year fighting for the subject’s future in English schools. The moment passed: new specifications for media and film studies qualifications were published last week. But will the updated content, combined with our media-saturated lives, swing more support behind media education for 14 to 18-year-olds, and reverse a decline that has seen numbers taking media GCSE fall from a high of almost 70,000 in 2008 to 50,000 in 2014, while the number of students training to be media teachers on the only specialist PGCE is just 13? Making qualifications harder has been the government’s goal under a process that has seen A-levels scrapped in anthropology and performing arts, along with GCSEs in law and catering. But media studies – the 10th most popular … [Read more...] about Media studies: why does the subject get such a bad press?
Alarm bells are jangling at the Bank of England. Households have been on a borrowing binge. Consumer spending is being underpinned by debt, with an increased dependency on personal loans, payday loans, car finance and – in particular – credit cards. Threadneedle Street is worried about these trends – and rightly so. Household debt as a proportion of national income peaked at 160% at the time of the financial crisis and fell only modestly thereafter. Now – having bottomed out at 140% of GDP – the ratio is on the rise again. The Bank’s financial policy committee wants to know whether the increase marks a return to the bad old days when lenders put themselves in jeopardy by making it far too easy to obtain credit. A report into credit quality being conducted by the Prudential Regulation Authority will be the trigger for action if it finds that competition for business has led to a dilution in credit quality. It seems improbable that the PRA will come to … [Read more...] about UK’s borrowing binge is worrying the Bank of England
Who would have thought that a niche constitutional verb would be the word of the moment? We’ve known this mess was coming for months, but it doesn’t make it any less galling as the word prorogue dominates the debate. So are the prime minister’s actions unconstitutional? I think so – and there is a case at the Scottish court of session due to be heard on Tuesday to determine that question. But the fact is we can’t know for certain because the UK constitution is a fluid interpretation of codes, conventions and case law. Despite having influenced many constitutions around the world, we are one of only a handful of countries without such a written document of our own. The European Communities Act 1972 and the Human Rights Act 1998 come close in terms of placing limits on executive power, but both are under immediate threat from the current occupants of No 10. Constitutions of any kind are statements of expression and intent, typically borne out of moments of … [Read more...] about This prorogation crisis shows why the UK needs a written constitution
A container in which 39 migrants were found dead was part of a convoy of three lorries, it has been claimed - as police probe 'whether there is a wider conspiracy involved' in the deaths. Relatives of the suspected victims say more than 100 migrants were being brought to the UK on the lorries, but only two are believed to have completed their trips. Devastated relatives have been speaking out, including the tearful wife of one suspected victim who helped him raise £11,000 for the trip to the UK as two new suspected victims were named today. It comes as this afternoon a man who is understood to be sought by Essex Police as part of the investigation into the 39 lorry trailer deaths was arrested at Dublin port. The man, in his twenties and from Northern Ireland, was arrested after getting off a ferry on Saturday afternoon. A blue Scania truck that he was driving has been impounded by the police. Joanna Maher, 38, and her … [Read more...] about Death truck was in convoy of THREE: Devastated families say more than 100 migrants were smuggled into UK but only two lorries made it – as two new victims are named and wife tells how she helped victim raise £11k for trip