Charity researching poverty in the UK
The Office for National Statistics shows 981,000 young people (ages 16-24) are Neet for April–June, down 30,000 from January–March but still 30,000 higher than a year ago. Ministers say the Jobs Guarantee and a £2.5bn youth-employment package are helping, while independent voices caution against reading a rapid turning point into the data.
Andy Burnham has outlined a plan to devolve power away from Whitehall, establishing a No 10 North unit in Manchester to oversee regional reform, housing, transport and economic policy. He has positioned himself as the voice for English regions and signalled potential changes to where key decisions are made.
A nationwide cap on single bus fares has been announced, reducing prices from £3 to £2 across England. Funding of £454 million supports the move, with some areas already operating lower caps. The plan is framed as easing the cost of living and is backed by government officials, who say the measure won’t burden taxpayers.
The latest U.S. inflation readings show persistence above the Fed’s 2% target while growth softens in Q2. Consumer spending remains resilient, but higher borrowing costs and energy prices complicate the outlook as policymakers weigh future moves.
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.
Inflation has remained stubbornly high as energy prices stay elevated following the Iran conflict. Across the U.S. and UK alike, prices have moved little since last month, with energy and food costs continuing to weigh on households. Analysts say ongoing volatility will keep consumer costs under pressure in the near term.