UK welfare, pensions and child maintenance department
Labour has unveiled a revived Help-to-Buy style scheme called Your First Home. The plan offers a 20% government-backed equity loan for first-time buyers with a 2.5% deposit, backed by a 75% mortgage. It targets lower-income buyers and imposes caps on income and property values. Details will be set out in the forthcoming Budget; registration opens later this year.
Public and parliamentary pressure in Egypt calls for lower fuel, gas, and electricity prices as the government balances subsidies with IMF conditions. Lawmakers question price reforms while experts warn that global trends and regional tensions continue to influence domestic costs.
Labour's leadership contest is shaping how welfare reform is framed. Milburn has argued the government should pursue reform focused on work incentives rather than pure cost cutting, and has held talks with Andy Burnham who is seen as open to revisiting welfare policies during this parliament.
The Timms review into Personal Independence Payment (PIP) is driving a sweeping overhaul of the disability benefit system as claims rise and costs surge. Government figures show four million claimants and a forecast to reach 341bn across welfare by 2030. Ministers say reform is necessary to restore fairness and sustain the system.
New research proposes a 2% wealth tax on households with £100m+ assets to raise revenues and narrow inequality. The plan, authored by Gabriel Zucman and Ben Tippet, would require HMRC to assess total wealth, including private firms, assets, and charitable holdings, and would apply for a decade after wealth holders leave the UK. Prime Minister Burnham hints at tax reforms as discussions continue.
A wave of new surveys shows Americans prioritizing in-person moments this summer, with half spending more on social activities and 71% seeking earned-pay access. Financial stress is reshaping leisure and back-to-school planning, while a shift toward IRL time collides with budget constraints.
The UK faces renewed food-security concerns as heatwaves and drought push down cereal and oilseed harvests. Experts warn of higher prices and greater reliance on imports, with farmers cutting yields and livestock costs rising. Officials say the situation is likely to worsen into the autumn and into next year.
Milburn is leading a review that proposes primary schools identify students at risk of becoming NEET by end of primary, paired with welfare reforms. The Guardian, The Mirror and other outlets show a debate on how much schools should intervene in future employment outcomes, welfare costs, and mental health supports.
Around six million households will receive the Warm Home Discount this year, automatic for those named on energy bills who meet means-tested criteria. The government warns the August deadline must be met to qualify, with 2.4 million eligible households not receiving the discount due to bill-name issues. Scotland runs the scheme non-automatically; others may apply. Letters will advise late claimants to call the helpline, and charges on energy bills are set to fall via VAT cuts and price cap changes.
Reform UK plans to abolish PIP and the health element of UC are under scrutiny as critics warn the proposals would push disabled people into poverty. Leveraging a tougher needs assessment, the party promises a return-to-work scheme and restrictions on benefits for long-term claimants.
Labour and Conservative voices clash over funding defence while ensuring social security. The PM has set a long-term NATO target of 3.5% by 2035, with a 3% aim by 2030; ministers say welfare cuts are not the answer and pledge to reduce the welfare bill without harming vulnerable groups. The debate continues at PMQs.
The number of people claiming the personal independence payment has risen to about 4.1 million, with interim reviews calling the system “not fit for purpose.” A final Timms-led assessment is due later this year, with recommendations that could include more face-to-face assessments and mixed cash/non-cash support, while overall welfare spending remains a political flashpoint.
The government has faced rising inflation to 3.1% in August, driven by Middle East turmoil and higher fuel prices. Ministers are facing calls to act on the cost of living, with energy bills and transport costs under scrutiny ahead of the autumn Budget.
Inflation has moved to a five‑month high of 3.1% as fuel prices and airfares climb, driven by Middle East conflict. The government has announced relief measures while stressing fiscal prudence. The Budget is six weeks away, and markets face higher borrowing costs amid a fragile headroom.
Conservative plans propose cutting universal credit for claimants who have not paid enough into the system, with six months of full benefits followed by a 70% subsistence rate loaded onto a back-to-work card restricting purchases. Proponents argue it will push people into work, while critics warn it deepens poverty and hits families hard. The policy is slated for more detail at the party conference.