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Cost of Living

Latest in Cost of Living

Labour

Student loan interest capped at 6% as new rules take effect

A government cap preventing Plan 2 and Plan 3 student-loan interest rates from exceeding 6% has taken effect for the 2026/27 academic year, with ministers citing the risk of inflationary shocks linked to conflict in the Middle East.

Charlotte Mercer · 4 min read
Labour

UK Economy Grows by 0.4% but Autumn Slowdown Threatens Burnham

Britain’s economy grew by 0.4% between April and June, but the Bank of England expects underlying growth to slow to around zero as renewed Middle East conflict, higher energy costs and Budget uncertainty test Andy Burnham’s new government.

Charlotte Mercer · 5 min read