1 week ago Trump officials reportedly consider selling student loan debt to private investors

Experts say the move could eliminate the federal government’s power to cancel educational loansOfficials in the Trump administration are reportedly weighing the possibility of selling portions of the federal government’s $1.6tn student loan portfolio to private investors, which experts say could carry risks for both taxpayers and borrowers – potentially reshaping the student loan landscape in unpredictable ways.Senior officials at the education and treasury departments have been engaged in internal conversations about offloading select, high-performing segments of the government’s student debt holdings, according to a Politico report this week. These loans are part of the larger portfolio owed by roughly 45 million borrowers nationwide. Continue reading...

Economics

1 week ago Brits shell out £5bn to fix DIY blunders as experts issue warning

New poll reveals Brits aren’t afraid to get stuck in with their home improvements, as 93% have tried their hand at DIY jobs but they don't always go to plan.

Events

2 w. ago Trump is weighing selling off government’s $1.6 trillion student loan debt. Here’s what it means for borrowers

Borrowers could be thrown into ‘even more chaos’ under this plan, a student loan policy expert warns

Politics

3 w. ago UK business secretary approved £1.5bn JLR loan guarantee despite civil service concerns

Peter Kyle said he was willing to take on greater risk in approving the speedy financial support for carmaker

Economics

3 w. ago JLR to resume some manufacturing in coming days after hack: GSK shares rise 3% after surprise CEO change – business live

JLR says “controlled, phased restart” of its operations continues, as GSK appoints a new boss to succeed Dame Emma Walmsley.GSK’s Emma Walmsley to be replaced as chief executiveInside the Jaguar Land Rover hack: stalled smart factories, outsourced cybersecurity and supply chain woesEmma Walmsley’s departure as CEO of GSK at the end of the year will be the “end of an era”, says Derren Nathan, head of equity research at Hargreaves Lansdown.Nathan explains:“The first ever female CEO of a major pharmaceutical company, Dame Emma Walmsley, is set to hand over GSK’s reins on New Year’s Day 2026. One of her key achievements was the demerger of Haleon, the company behind consumer health brands such as Beechams. That not just strengthened GSK’s balance sheet but also sharpened the group’s focus on speciality medicines and vaccines. There’s an exciting pipeline ahead and, this year alone, GSK’s on track for five major regulatory approvals. Her reign also saw a line drawn in the sand in the Zan...

Economics

3 w. ago ‘Moral hazard’ warning after £1.5bn government loan guarantee for JLR

Carmaker receives official backing after cyber attack that has halted production

Events

3 w. ago UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber

Britain’s largest automotive employer plans to restart engine manufacturing in early October, report saysThe government has said it will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) as the car maker battles the consequences of a recent cyber-attack.JLR had to suspend production at its UK factories for several weeks after being targeted by hackers with the shutdown expected to last until at least 1 October. Continue reading...

Politics

3 w. ago Government to guarantee £1.5bn loan to JLR after cyber shutdown

The British carmaker has been forced to suspend production at its UK factories for several weeks after being targeted by hackers.

Politics