Third student loan sale stalled as UK waits for election clouds to clear

A third instalment of the UK Department for Education’s current programme of student loan securitizations has stalled, a casualty of a tight general election and volatile politics. Concerns about whether securitization gives government good value for money are a potential obstacle, while investors will have to weigh up an instrument highly geared to the fate of the UK economy. Owen Sanderson and Tom Brown report.