Students could end up paying over £100,000 for their degree by the time they clear their debt. New analysis has revealed that interest rates of up to 4.6 per cent on student loans could more than double the estimated £44,035 of debt that students are saddled with. Despite being pinned to the retail prices index (RPI), that percentage is still significantly higher than most other types of finance such as mortgages. Anthony Seldon, vice-chancellor of Buckingham University, told the Sunday Times: "There is...
A shocking new report has found that private landlords hauled in £9.3bn in 2015. It is huge figure and double what the level was a decade ago. The study was undertaken by the National Housing Federation (NHF) and they said the figure was due to a huge increase in private tenants who are receiving housing benefit. A decade ago the there was £4.6bn handed out to private landlords by the state. These figures will anger many, who will see taxpayers’...
The newly installed mayor of London, Sadiq Khan, who nominated Jeremy Corbyn for leader last year, has backed Owen Smith to be the next Labour leader. Many Corbyn supporters will see this as stabbing him in the back. However, Khan claims he didn’t actually vote for Jeremy for leader. Khan said he had only backed Corbyn so members had a chance to have a choice of a left-wing candidate. As we have seen the support for Corbyn has swelled the...
After months of delays, strikes and negotiations, the London night tube is finally set to run from midnight tonight. Trains will initially run on the Victoria and Central lines on Fridays and Saturdays, before moving to a 24/7 model across Central, Jubilee, Northern, Piccadilly and Victoria lines. According to the BBC, there are also plans to expand the service to parts of the Metropolitan, Circle, District, and Hammersmith & City lines after modernisation and on parts of the London Overground...
Uber will have no concerns about industrial action in Pittsburgh in the next few weeks, as the ride-hailing taxi service is set to introduce self-driving cars. Autonomous Ford Fusion vehicles will start their first commercial journeys very soon, although human backup drivers will still be in the cars just like normal Uber vehicles. Uber has a self-driving research lab in Pittsburgh and is working on autonomous technology. Last week, Uber and Volvo announced a $300 million deal for Volvo to...
A Christian preacher, who told his followers that God sends natural disasters to punish homosexuals, home has flooded. Tony Perkins, a Christian lobbyist and leader of the Family Research Council - a religious group that has sparked major controversy in America. His home in Louisiana has now been flooded in a what Perkins described as “near biblical proportions.” This story echoes the thoughts of a UKIP councillor who said gay people where to blame for extreme weather. Perkins has also...
One of the most shocking political stories of last year was the accusations of bullying in the youth wing of the party, which involved the tragic suicide of one of their members. It shocked a nation and brought the whole party under intense scrutiny. An inquiry was set up to investigate the serious accusations of bullying, and it has found that Lord Feldman and Grant Shapps are exonerated from the claims. This has angered the family who didn’t believe the...
There have been many reports and indicators that the UK economy is struggling post-Brexit. It is still early to tell but a Treasury report today does not make great reading. The Independent reports the document indicated that most of the major banking institutions in the capital have cut their growth forecasts for the UK economy in 2017. The figures have been downgraded since the EU referendum vote and the UK’s decision to leave the European project. Many of these banks...
Owen Smith has declared that he would consider negotiations with ISIS. He made the comments during a debate with leadership rival Jeremy Corbyn on the Victoria Derbyshire show aired on the BBC, from Nottingham. His comments will shock many, but his point was that eventually the only way Ireland managed to find peace was through negotiating or back channeling.Smith said he was part of this process and at some point the British Government would have to talk to the terrorist...
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