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Student loans: use of RPI costs graduates up to £16,000

Graduates with student loans in England are saddled with up to £16,000 more debt because of the government’s use of an unreliable inflation measure to set interest rates, according to research from the House of Commons library. The analysis, provided to Labour’s shadow Treasury team, shows that the...
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ADP: Private Sector Added 177,000 Jobs in April

Private payrolls added 177,000 jobs last month, according to this morning’s ADP National Employment Report. That number was slightly above the average of economists’ predictions, which ranged from 140,000 to 236,000 jobs, according to Reuters, but lower than the previous month’s revised tally of 255,000 jobs. “In April...
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