Click to Enlarge
Facebook
Twitter
Moving away from the petrol chaos, the Financial Times reports that the earnings threshold at which graduates start repaying student loans is due to be lowered. Graduates begin to pay back their student loans when their salary reaches £27,295. The government is considering reducing this. One suggested new threshold is £23,000, which could save the Treasury nearly £2bn a year, the FT adds. But, the paper notes, such proposals would hit young people again after National Insurance contributions were raised this month.