When will loan rates go down

The government said that the threshold at which recent graduates have to start repaying their loans will rise from £26,575 to £27,295 a year from April 2021. Graduates have repay 9% of any salary above that amount each year. Ministers have committed to look at the role of student loans and interest rates as part of a wider review of post-18 education. … [Read more...] about Student loan interest rate in England and Wales to rise in September

"Focus on using any spare cash to pay down expensive debts you have, such as credit cards or loans. Find the debt with the highest interest rate and start paying that off first, before moving to the next highest rate. Moving this burden off your finances could really help if times get tougher," explains Laura Suter. … [Read more...] about How to recession proof your money, home and job as UK enters ‘worst crash on record’

Risk of repeatCombining economic and health data to optimise policy response will require high quality data and the report encourages the gathering of more detailed information from financial institutions to track the economic impact of policy interventions. … [Read more...] about ‘Raise sick pay’ to lower virus health and economic risks

"We remain concerned that releasing money earmarked for next year may create problems for the future and call for the Scottish government to ensure that the further and higher education sectors and student finance are sustainably funded beyond this crisis." … [Read more...] about Coronavirus: Scottish students to receive financial support early

"There was a report that came out a couple of days ago from the OECD and it suggested that the drop in GDP for this year for the UK would actually be worse than for every other industrialised nation. … [Read more...] about UK’s GDP plummets by 20.4% in biggest monthly drop on record