Graduates on the most contentious student loan plan who earn less than £45,000 six years after leaving university are unlikely to ever clear their debts, according to official data that will add to calls for reforming the tuition-fee system in England. Borrowers on the 'Plan 2' scheme have to be earning £20,000 more than younger graduates either to see their balance fall or to be likely to pay off their student loan plus interest, figures from the Department for Education showed. Some graduates with the highest outstanding loan balances can be earning more than £100,000 but still see their debt rising every year because of high interest payments, according to the data https://ft.trib.al/hbdU8sP
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Hong Kong is planning to transform a swath of fish farms, towns and brownfield sites into an industrial and technology belt to revive the Asian financial hub. The FT’s William Langley explains how the ambitious project could reshape the territory. https://ft.trib.al/RSxwpPe
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Big employers including Mercedes-Benz have called for employees to work longer on the same pay to stem the country’s industrial decline. https://ft.trib.al/lOHHuFb
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Over the past year, I have met with more than two dozen humanoid companies across China and the US. Founders brim with passion, engineers demonstrate dazzling demos, and investors speak of trillion-dollar markets. Yet, when pressed for a clear business use case where their bipedal creations deliver significant near-term value, I received little more than marketing speak. Meanwhile, China’s real robot revolution has been happening elsewhere with much less hoopla. Latest column: https://lnkd.in/gX9bkm6D
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Apple has awarded its departing chief executive a pay deal approaching that of his successor John Ternus, signalling that Cook will continue to play a big role in the new position that was created for him. https://ft.trib.al/evSWuzq
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Opinion: Much of politics will be figuring out the balance between the economic benefit of letting a machine do the work and the social benefit that most gain from working. https://ft.trib.al/vsS27No
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GoPro is set to be acquired by an AI hardware company, sending shares in the struggling action camera maker surging after a YouTube influencer emerged as a major investor. https://ft.trib.al/l6baXvE
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FT Exclusive: The multiyear covert programme, one of the most significant known transfers of military technology from Moscow to Tehran, is intended to develop a new class of weapon capable of threatening US aircraft carriers and Middle East warships. https://ft.trib.al/6MmpiT4
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Yuriy Kosiuk's MHP group, which produces more than half a billion birds a year, is proof that a Ukrainian company can withstand invasion, keep workers employed and raise money in international markets. https://ft.trib.al/ubHvq2z
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Opinion: The two most striking moves in markets this year are the extent of the rise in bond yields and the strength and breadth of the equity rally. The biggest puzzle is why the first has not destabilised the second. https://ft.trib.al/1IjWcoD
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