Treasury select committee also says ministers have moral obligation to reverse last year’s repayment threshold freeze

Slideshows that compared student loan repayments with the cost of a mobile phone contract, and YouTube videos that did not mention the fact that loan terms could change amounted to mis-selling by the government, MPs have said.

The chancellor, Rachel Reeves, caused a furore last year when she announced that the repayment threshold on plan 2 student loans would be frozen at £29,385 for three years from April 2027.

A team from across the Guardian set out to investigate the full extent of private equity’s stake in Britain’s public and essential services. The scale and opacity posed many challenges

When Carmen Aguilar García began investigating the involvement of private equity firms in England’s childcare sector with her fellow data journalists three years ago, she didn’t imagine her efforts would one day be scaled up to examine private equity’s role in the entire UK economy. That ambitious undertaking by Carmen and colleagues from across the Guardian was published earlier this week.

“The initial investigation into the childcare sector in 2023 was already challenging and a big team effort,” says Carmen, a data projects editor at the Guardian. “Extrapolating it to the whole economy did not seem realistic back then.”

New analysis by the Guardian has revealed the disturbing extent of these firms’ influence in highly sensitive areas

Children’s homes and care placements are not ordinary commodities. Yet Britain has allowed some of its most sensitive public services to become assets in private equity portfolios: bought, loaded with debt, restructured and sold, while the state continues to fund the contracts and vulnerable people carry the risk when things go wrong.

Private equity’s role in public services is not notional. The year after Compass Community was sold by its owner, Graphite Capital, to another private equity group, Cap10, the poor state of some of its children’s homes was made plain by Ofsted reports. Inspectors who visited two homes in England – which had previously been rated good and outstanding – found “high levels of distress” and staff as well as children feeling unsafe. Cap10 denies that standards fell following the change of ownership.

‘Home fee’ qualification ends in 2028, leaving those hoping to study in UK not now eligible for British loans

British teenagers living in the EU could be priced out of UK universities in two years’ time as a Brexit rule change means they face the double whammy of paying costlier international fees, while losing access to student finance.

British passport holders living in the EU still qualify for “home fee” status at UK universities. But this will no longer be the case when the grace period ends in 2028, meaning the first wave to be affected are starting their A-levels, or equivalent, this autumn.

Almost £24.4bn of government money went to private equity-run firms in year to April 2025, Guardian analysis shows

• ‘Treating children like cattle’: what happens when private equity takes over a UK care home?

• Nurseries, vets and shops: the sectors where private equity plays a big role

• Good for business – or profit at any cost? The controversial side of private equity – a visual explainer

One pound in every £11 of UK government spending on contractors went to private equity-controlled companies last year, research shows, including key services such as transport, waste management and healthcare.

Politicians and economists have raised concerns over the “financial fragility and sharp cost cutting” created by private equity-backed firms, which often have high levels of debt, and the “conflicting interests” in running public services for maximum profit.

With a new prime minister incoming, Labour faces a fundamental question about its economic vision

As Keir Starmer stands down as prime minister and attention turns toward Andy Burnham, the current moment should not be reduced to a story of personalities. The question that matters is strategy, and the Labour party has three years left to get this right.

When Labour won its landslide in July 2024, it did so on the promise of a new kind of governance: five national missions to tackle the UK’s deepest structural challenges, from clean energy to child poverty, inspired by my book, Mission Economy. That was the right answer to a real question: what is the economy for, and why should it matter to people’s daily lives? Mission-oriented government is not just a political slogan, but a proven approach to solving society’s biggest challenges, generating good jobs and resilient growth in the process.

Mariana Mazzucato is professor in the economics of innovation and public value at University College London, where she is founding director of the UCL Institute for Innovation & Public Purpose. She is the author of The Common Good: a new compass

Experts say students from poorer backgrounds increasingly having to limit their options because of money worries

Most days, Mariam spends hours simply waiting.

The 19-year-old University College London student often finishes her lectures by mid-morning but has careers events or society meetings in the evening. The three-hour round trip to her family home means travelling back and forth makes little sense, so she waits on campus instead. More often than not, by the time the event starts, she is too exhausted to stay long.

Economist Prof Mariana Mazzucato says governments must ‘get back their mojo’ and believe they can change the world

Good governments have a vision. They know what they want to achieve, can articulate why, and work out in public how to get there. They don’t just spout slogans about economic growth – because growth is meaningless unless we know what it is for. They understand that there is no trade-off between solving social problems and boosting the economy, and aim to do both, while avoiding rigid fiscal rules that defeat their own purpose by strangling public investment.

If this sounds like a critique of what went wrong with Keir Starmer’s government, it is also a lot more. Mariana Mazzucato, a professor in the economics of innovation and public value at University College London, is a world-renowned economist, adviser to governments, chair of international commissions, prolific author, and PhD supervisor to at least one poet. She was the thinker who inspired Starmer to fashion his political project around five key “missions”, now largely forgotten in the mire of scandals, U-turns and infighting that beset his premiership.

About 1,600 workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen content

Mark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash.

The owner of Facebook, Instagram and WhatsApp had introduced a tool that tracked staff keystrokes, mouse clicks and content displayed on computer screens in order to collect data for training its AI models.

Top 10% generate climate and biodiversity damage bill that exceeds economies of most countries, say researchers

The environmental damage bill racked up by the highest-consuming 10% of the world’s population has reached up to $5.7tn a year – larger than the economy of every country except the US and China, a study has found.

Mega-consumers in this group are concentrated in the global north, accounting for more than half the population of the US and 40-45% of people in the EU.