Meg Hillier chairs the Public Accounts Committee and sits as Labour MP for Hackney North and Stoke Newington. In recent news, she backs budget discipline and has weighed in on student loan repayment thresholds.
A Commons Treasury Committee has criticised the government for freezing the student loan repayment threshold for Plan 2 loans at £29,385 from 2027 to 2030, instead of uprating with inflation. The report labels the move mis-selling and calls for reversal in the autumn budget, arguing the policy loads unfair costs onto younger generations. MPs reference earlier promotional material and warn of a loss of trust in the system.
Labour announces an autumn budget for Oct. 28, sticking to fiscal rules while expanding devolution and defence spending under pressure from Iran-related inflation and rising borrowing costs.