Extension of student loan payment pause for SAVE borrowers under Biden administration

Extension of student loan payment pause for SAVE borrowers under Biden administration

U.S. President Joe Biden announced a new plan for federal student loan relief during a visit to Madison Area Technical College Truax Campus in Madison, Wisconsin, U.S., on April 8, 2024. Kevin Lamarque | Reuters A spokesperson for the U.S. Department of Education stated that federal student loan payments for around 8 million borrowers will … Read more

Disagreement among Thames Water bondholders regarding emergency loan

Disagreement among Thames Water bondholders regarding emergency loan

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is facing a critical situation as its battle for survival escalates. The company, which serves around 16 million households in south-east England, is grappling with a staggering £19 billion debt burden. In an … Read more