Cut student loan repayments to get youths out of chicken shops Retail Crippling student loan repayments have stolen billions from the economy sending struggling graduates to cheap food options and public transport, a consultancy firm has argued. Analysts at Baringa found that cutting the student loan repayment rate from nine per cent to five per cent would free up to £6bn in consumer spending each year for [...]
Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’ Retail A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued. Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]
Debt headache as just a quarter of execs have experience of higher interest rates Economics "For many of the people tasked with tackling higher interest costs, this is a new challenge," Nick Forest, a partner at the firm said.