Learner in wonderful times hanging loose? (6)

I believe the answer is:

flabby

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'loose?' is the definition.
(I've seen this before)

'learner in wonderful times' is the wordplay.
'learner' becomes 'l' (as in a learner driver with L-plates on their car).
'in' is an insertion indicator.
'wonderful' becomes 'fab' (slang abbreviation of fabulous).
'times' becomes 'by' (both can mean 'multiplied by').
'l' placed into 'fab' is 'flab'.
'flab'+'by'='FLABBY'

'hanging' is the link.
This may not be right. It may be part of another bit of the clue.

Can you help me to learn more?

(Other definitions for flabby that I've seen before include "Loose, weak (flesh)" , "Flaccid" , "Out of condition" , "Relating to loose, hanging fat" , "Sagging, not firm" .)

I've seen this clue in The Sun and The Telegraph.

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