UK DWP faces backlash over benefit delays, fraud cases, and rising costs amid cost of living crisis and digital ID rollout.
UK inflation dropped to 3% in January, with benefits increasing in April. Despite support, many still struggle with high living costs, cutting essentials and facing unclaimed benefits. Argentina and Australia face rising household debts and living costs amid economic challenges.
A bug in the UK’s corporate register exposed over five million companies’ data for five months. Experts warn this could enable fraud, impersonation, and data theft. Companies House is investigating, and authorities have been notified. Business owners are advised to review their details for any suspicious changes.
G7 ministers are meeting via videoconference to address the economic impact of the Middle East conflict, focusing on soaring energy prices, supply disruptions, and US war aims. The meeting aims to coordinate responses and clarify US objectives as tensions escalate and oil markets remain volatile.
Cost of living concerns grow as Middle East conflict disrupts global oil markets, raising prices for essentials. Inflation remains at 3%, but household confidence drops, with many dipping into savings. Benefit payments are adjusting for April, with universal credit recipients set for a boost.
The UK government has announced a 4.8% increase in state pensions for 2026, aligning with average earnings growth. The full new state pension will rise to £241.30 weekly, and the basic pension to £184.90. The increase supports pensioners facing rising living costs, with ongoing debates about the triple lock policy.