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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.

Financial Times Front Page 7th of November 2024

Donald Trump has achieved a significant political comeback by defeating Kamala Harris in the presidential election, raising questions about the future of America’s democracy and international alliances, while global markets react to concerns over tariffs.

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