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The Latest Breaking News from Work and Pensions

Hedge fund tycoon who is third-biggest UK taxpayer quits Britain for Greece

Chris Rokos, founder of Rokos Capital Management, is leaving the UK amid concerns about Labour hiking taxes in October’s Budget

Evening Standard

Budget 'tax rises': Cabinet minister brushes aside calls to reverse £20bn NI hit on firms so they hire more young people

‘We’ve asked business to pay more in recent years but it's not true to say youth unemployment problem began a year ago,’ says Work Secretary Pat McFadden

Evening Standard

Tesco and John Lewis among UK firms in pledge to create 100,000 jobs to tackle Neets crisis

The placements will be offered directly to young universal credit claimants in a programme dubbed ‘Opening Shift’

The Independent UK

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Government expects Meta’s new protections for teenagers in US to apply in UK

Facebook and Instagram’s owner has agreed to pay up to 18 billion dollars (£13.3 billion) as part of a settlement ending a legal battle in the US.

Evening Standard

Jobs crisis London: Young people excel in education but struggle to find work, new report reveals

Bosses partly blame the lack of jobs on tax rises imposed by Rachel Reeves

Evening Standard

Who's in Andy Burnham's Government? Complete list of ministers chosen by new PM

Who are the new ministers in Andy Burnham’s Government?

Evening Standard

Starmer to chair Cabinet after Mandelson files lay bare splits

The second tranche of documents released included records of WhatsApp exchanges between Lord Mandelson and Work and Pensions Secretary Pat McFadden.

Evening Standard

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Defence investment plan expected within weeks not months, says minister

The plan, known as the Dip, was originally slated for publication last autumn but has been repeatedly delayed.

Evening Standard

Minister rejects Streeting call to consider national insurance cut

Work and Pensions Secretary Pat McFadden said he backed the Chancellor’s decision.

Evening Standard

Former M&S boss Marc Bolland to help ministers tackle Neet problem

Mr Bolland will also advise Work and Pensions Secretary Pat McFadden.

Evening Standard

No easy solutions to fix youth unemployment crisis, says ex-Labour minister

Having a million young people aged 16-24 not in education or work is estimated to be costing the UK around £125 billion a year.

Evening Standard

UK’s youth unemployment crisis costing UK £125bn a year, review estimates

The number of people aged 16 to 24 in the UK not in education, employment or training could increase to one in six young people by 2031, it said.

Evening Standard

Sick notes ‘scrapped’ under plans to reduce benefit claimants

‘Fit notes are too often a dead end,’ the work and pensions secretary said

The Independent UK

Iran war could cause job losses in Britain, minister warns

Pat McFadden said the impact of the continued closure of the Strait of Hormuz could feed through to the UK labour market.

Evening Standard

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The Independent UK

More than 12 million to benefit from state pension increase

More than 12 million pensioners will see their State Pension increase by 4.8 per cent from April 6, under the Triple Lock guarantee, leading to a rise of up to £575. This increase is part of a government commitment expected to boost pensioners' annual incomes by up to £2,100 by…

Evening Standard

UK Government announces 80 new youth hubs to battle unemployment surge

Youth hubs bring together jobcentres, councils, employers and training providers to support those aged between 16 and 24.

Evening Standard

Young people are not snowflakes and shirkers, minister insists

Pat McFadden announced an additional £1 billion spending to tackle those not in education, employment or training.

The Independent UK

UK government to launch £1bn plan to tackle youth unemployment

The £1billion package is due to be laid out on Monday, with the government aiming to create 200,000 jobs

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Evening Standard

Jobcentre on Wheels to arrive in six areas as part of employment support drive

Work and Pensions Secretary Pat McFadden said the Jobcentre on Wheels was designed around ‘meeting people where they are’.

Evening Standard

Young Londoners turn to apprenticeships amid university fee concerns

Transport for London (TfL) said it had received over 5,000 applications for just 157 apprenticeships placements this year

The Independent UK

MPs resoundingly vote to scrap two-child benefit cap

It will be further scrutinised by MPs and peers before it can become law, but the Government has said it wants to ditch the two-child limit from April

Evening Standard

Major British film studio backs youth employment scheme

As part of his tour of the site, a senior minister was taken into an artificial snowy landscape before being introduced to Darth Vader.

Evening Standard

Waspi compensation decision expected imminently

Work and Pensions Secretary will address the Commons on Thursday with an update on pensions.

Evening Standard

'Traitors' politics: Minister's warning as Farage teases Labour defection to Reform after Jenrick joins from Tories

Work and Pensions Secretary Pat McFadden said Reform UK was a ‘Right-wing project’ despite Nigel Farage’s party attracting a significant number of Labour voters

The Independent UK

Criminals in hospital to lose benefits as Labour closes ‘loophole’

Families of victims of the 2023 Nottingham attacks have welcomed the plans

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