Mandelson, through the go between, Epstein, was advising Jamie Dimon, CEO of JPMorgan, how to lobby the Government to reduce JPM’s exposure to the tax.

And he couldn’t see anything wrong with that?

Really really wrong?

I wrote this last week - but I've been writing about this for years. This crisis has been very obvious for a long time.

I'm on the old system. This isn't about me being "entitled" and wanting someone else to pay for my degree. It's about a system that is mad

www.newstatesman.com/politics/uk-...

I remember some journalists (myself included) trying to flag the injustice - in particular the insane interest terms which made the loans unrepayable. In response, we got lectures about the surge in student numbers from low-income backgrounds

www.newstatesman.com/politics/uk-...

Anyway. In 2024-5, over £15bn of interest was applied to student loans. Repayments totalled just £5bn.

And now those young people are coming into their professional prime with what is in essence a bespoke additional tax. And people are panicking. Finally.

www.newstatesman.com/politics/uk-...