Latest in Labour’s Budget Borrows
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4.8M borrowers, including 1M in public service, have had student debt forgiven, Biden admin says
The Biden administration announced it has provided student debt relief to more than 1 million borrowers who work in public service and 4.8 million borrowers in total.Top stories - NBC News - October 17 -
Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt
The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.Business - CNBC - October 17 -
Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers
Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.Business - CNBC - October 21 -
America’s economy looks strong. So why is Wall Street worrying about renters and younger borrowers?
It isn’t only subprime — renters and younger borrowers are weaker spots in an otherwise solid backdrop for consumer debt.Business - MarketWatch - October 21 -
Borrowers on the SAVE plan will be in forbearance for at least 6 more months—what to know if you're enrolled or want to apply
Borrowers can once again apply for the new Saving on a Valuable Education plan, but it's unclear if and when the benefits will go into effect.Business - CNBC - October 22 -
Student-loan borrowers facing financial hardship could get debt forgiveness — if Biden’s new plan survives
Student-loan borrowers struggling financially may have a path toward debt relief if the Biden administration gets its way.Business - MarketWatch - 6 days ago -
Biden's latest student debt plan would create forgiveness path for borrowers facing financial ruin
The Biden administration introduced a proposal to deliver student loan forgiveness to millions of people experiencing devastating financial hardship.Business - CNBC - 6 days ago -
8 million student loan borrowers would qualify for relief under Biden 'hardship' rules
The Biden administration announced on Friday proposed rules to give student debt relief to borrowers experiencing “hardship” in the president’s latest attempt to forgive student loans. The ...Politics - The Hill - 6 days ago -
UK borrowing costs hit highest level this year as gilt sell-off intensifies
Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ BudgetBusiness - Financial Times - 7 minutes ago -
International investors descend on London as Labour tries to woo new business to Britain
Uncertainty around the event and suspected tax changes in the upcoming budget has left many investors in the dark.Business - CNBC - October 14 -
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Global business takes its chance to size up new Labour pitch
Starmer’s investment summit guests express both praise and doubt — but many want to wait to pass judgmentWorld - Financial Times - October 14 -
Would raising employer National Insurance break Labour's pledge?
If the chancellor decides to increase NI for employers in the Budget would that be going back on previous promises?Top stories - BBC News - October 15 -
Labour to set up review after carer’s allowance overpayments scandal
Exclusive: overhaul of system that imposed draconian penalties for innocent errors in benefit claims is expected. Draconian penalties that caused unpaid carers to rack up thousands of pounds of ...World - The Guardian - October 15 -
Lords committee calls on Labour to restore protections for modern slavery victims
Peers say protections have been undermined by three immigration acts passed by the previous government. Labour should restore protections for victims of modern slavery, which have been undermined ...World - The Guardian - October 16 -
Labour backtracks on push for genocide ruling on China’s treatment of Uyghurs
Exclusive: Party drops plan for formal recognition laid out last year by David Lammy, who will visit Beijing on Friday. UK politics live – latest updates Labour has backtracked on plans to ...World - The Guardian - October 17 -
Labour’s ‘reform or die’ mantra for the NHS misses the urgent tasks
The real challenge is how to make fast enough progress to offset increasing demands on the health serviceBusiness - Financial Times - October 20
