Money Distilled

Student Loans May Be Radicalizing UK Taxpayers

Support for a smaller state is growing. This might be why.
A very expensive hat.Photographer: Chris Ratcliffe/Bloomberg
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Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.

My colleague Merryn Somerset Webb pointed out a striking chart to me the other day. Kallum Pickering, chief economist over at Peel Hunt, highlighted the same chart in his Friday email last week. It’s this one: