The head of the Student Loans Company will have tax and National Insurance payments deducted from his £182,000 pay package in future, ministers say.
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Loans boss ‘to pay tax at source’
ANN ARBOR, Mich. — President Obama offered a plan Friday to reduce the costs of higher education by increasing the amount of federal grant money available in low-interest loans and tying it directly to colleges’ ability to reduce tuition. Read full article > >
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Obama outlines incentive plan to reduce college tuition costs
It is the final day of his best year at work, and Keith Lazar, 62, settles into his corner office at the community bank. He eats a doughnut with a fork and turns on an instrumental CD titled “Relaxation.” Outside his office window, the town square is bustling with proof of his impact during the past 12 months: trucks financed by his loans, restaurants expanding because of his savings advice and small businesses created with his support. Read full article > >
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‘Life is good’ in Iowa’s Washington, but the candidates keep raising alarms
PARIS—The European Central Bank announced Wednesday that it is loaning about $640 billion to European banks for an unusual three-year term as part of its effort to free up credit tightened by the euro zone’s government debt crisis . Statistics released by the Frankfurt-based ECB showed that 523 banks signed up for the loans, the largest infusion of since cash since the euro became the common currency of a number of European nations in 1999. In all, 17 nations have adopted the currency, which was seen at its inception as a boost to economic stability but has in recent months come under withering and perhaps fatal attack. Read full article > >
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European Central Bank will loan $640B to debt-laden banks
Banks lined up for almost half a trillion euros in cheap three-year loans, part of an unprecedented effort to keep credit flowing in the euro zone.
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Demand for E.C.B. Loans Surpasses Expectations
“My advice as a historian, when they walked in and said to me, ‘We are now making loans to people who have no credit history and have no record of paying back anything, but that’s what the government wants us to do,’ as I said to them at the time: ‘This is a bubble. This is insane. This is impossible.’” Read full article > >
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Newt Gingrich: historian? (Fact Checker biography)
Two men are charged over a £1m email scam that took money from the bank accounts of hundreds of students who had government loans.
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Pair charged over phishing scam
Chancellor George Osborne will unveil plans to underwrite up to £40bn of loans to small businesses when he delivers his autumn statement on Tuesday.
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Chancellor to back £40bn in loans
Solyndra, the solar-panel maker that received more than half a billion dollars in federal loans from the Obama administration only to go bankrupt this fall, isn’t the first dud for U.S. government officials trying to play venture capitalist in the energy industry. The Clinch River Breeder Reactor. The Synthetic Fuels Corporation. The hydrogen car. Clean coal. These are but a few examples spanning several decades — a graveyard of costly and failed projects. Read full article > >
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Before Solyndra, a long history of failed government energy projects
The UK could make available up to £40bn to underwrite IMF’s loans to help the global economy, Treasury Chief Secretary Danny Alexander says.
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UK ‘could give £40bn to the IMF’
On the defensive over a half-billion-dollar loan to a now-bankrupt solar company, the White House on Friday ordered an independent review of similar loans made by the Energy Department, its latest response to rising criticism over Solyndra Inc.
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White House to Review Energy Department Loans
Nation will get 100 billion euros in loans.
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EU Strikes Deal on Greece Debt
Will push housing, student loans after Congress kills jobs plan.
BENGHAZI, Libya — Libya’s top leader declared the country officially “liberated” Sunday from the four-decade rule of Moammar Gaddafi , pledging to replace his dictatorship with a more democratic but also a more strictly Islamic system. In a speech to a cheering, flag-waving crowd, Mustafa Abdel Jalil, head of the Transitional National Council, promised to ban interest on housing loans and scrap other laws that didn’t conform to Islamic jurisprudence. Read full article > >
Obama outlines incentive plan to reduce college tuition costs
Friday, January 27th, 2012‘Life is good’ in Iowa’s Washington, but the candidates keep raising alarms
Sunday, January 1st, 2012Before Solyndra, a long history of failed government energy projects
Saturday, November 12th, 2011
