UK Treasury Committee finds government mis-sold student loans

A cross-party committee of MPs has accused the UK government of mis-selling student loans by comparing repayments to phone contracts, while a separate parliamentary committee questions the Gambling Commission over affordability checks for betting customers.

• The Treasury Committee's report said government comparisons of student loan repayments to £30-a-month phone contracts "amounted to mis-selling," particularly for higher earners.
• The committee called for a reversal of Chancellor Rachel Reeves' decision to freeze the Plan 2 loan repayment threshold at £29,385 between 2027 and 2030.
• The House of Commons culture, media and sport committee has written to the Gambling Commission requesting answers by 24 July on the evidence base for proposed "financial risk assessments" for gambling customers.
• The Gambling Commission said it takes parliamentary engagement "incredibly seriously" and will respond to the committee's letter by the deadline.