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DARK SECRETS: 24 - The Real Truth

How does Britain’s pension predicament compare with other countries?

Countries across the world are grappling with similar looming crises, driven by a combination of factors including demographic shifts, low interest rates and economic instability

The Independent UK

Minimum level of retirement income needed to prevent surge in pensioner poverty, MPs warn

Labour minister Liz Kendall has warned of a ‘tsunami in pensioner poverty’ and opened the door to a rise in the state retirement age

The Independent UK

UK-wide strategy needed to tackle pensioner poverty, says committee

A minimum level of retirement income should be set, with a strategy for everyone to reach that level, the Work and Pensions Committee said.

Evening Standard

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RBA not swayed by jobless spike as next rate call looms

Reserve Bank governor Michelle Bullock has pushed back on rate cut expectations and weighed in on Donald Trump's pressure on Fed chair Jerome Powell.

AAP

Labour panned for foreign aid cuts as women and children to be hit hardest

THE Labour UK Government has been accused of "increasing poverty at home and abroad" after it emerged women and children would be hit…

The National (Scotland)

Why state pension age could rise again

Liz Kendall, the Work and Pensions Secretary, has launched a new pension commission and announced a review of the state pension age, warning of a "tsunami of pensioner poverty" without major reform.

The Independent UK

Keir Starmer tells MPs he wants to cut child poverty before next election

Pledge by PM will renew pressure on Labour to end two-child benefit cap despite estimated £3.6bn annual cost

The Guardian - UK

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Starmer clashes with senior MP over welfare reform

Prime Minister Sir Keir Starmer was being questioned by the Commons Liaison Committee.

The Independent UK

Britain is facing a ‘tsunami’ of pensioner poverty, says Kendall

Minister issues warning at launch of commission to overhaul system of saving for retirement

The Guardian - UK

Workers retiring in 2050 ‘to be £800 a year worse off’ than today’s pensioners

Those set to retire in 2050 will receive £800 less per year than current pensioners, experts warned

The Independent UK

Climate shelters: When the heat is on, where can you escape to?

Heatwaves have become more frequent and intense, causing a search for solutions to cool cities. With energy poverty leaving people more unprotected inside their homes, climate shelters can be an option to make cities resistant to extreme temperatures.

Euronews

The 10 'Real' Richest Counties in the US

In America's wealthiest counties, high incomes are common, yet the cost-of-living burdens are often lower than those typically found in major metro areas.

Kiplinger

No holiday for 42 million EU workers: Where is holiday the most unaffordable in Europe?

15% of working people in the EU — around 42 million individuals — cannot afford a one-week holiday away from home. Euronews Business takes a closer look at the issue of holiday poverty.

Euronews

Malcolm Dean, creator of the Guardian’s Society pages, dies aged 86

Journalist covered social care, criminal justice and other policy topics in a distinguished career

The Guardian - UK

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The National (Scotland)

Mothers lose legal challenge against DWP over two-child benefit cap 'rape clause'

TWO women have lost a legal challenge against the Department for Work and Pensions (DWP) over the rules around the "rape clause" of the…

The Texas Tribune

1.7 million Texans could lose health coverage under expiring tax credits, ACA changes in GOP megabill

Having never expanded Medicaid, Texas avoided most of the looming federal cuts other states will face. But the Affordable Care Act is a different story.

The Guardian - UK

Poor Clare review – sassy spin on a medieval saint asks pithy questions

Casting two Netflix stars in this funny and astute modernisation of the life of Saint Clare of Assisi shows that the gulf between rich and poor never changes

International Business Times

South Africa Warns Global Turmoil Threaten Development Goals

G20 chair South Africa warned Thursday that abandoning the rules-based global order and declining cooperation could derail 2030 development goals to end hunger, eradicate extreme poverty and fight climate change.

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Evening Standard

UK child poverty at ‘unbearable level’, warns paediatrician

A child poverty strategy had been due to be published in spring but was subsequently delayed until autumn to align with the Chancellor’s budget.

Evening Standard

Care home workers ‘almost twice as likely to be in poverty as average UK worker’

Details of how fairer pay can be provided for adult social care workers are due to be set out by Government.

The Conversation

Sudan’s war is an economic disaster: here’s how bad it could get

Since April 2023, Sudan has been engulfed in a devastating war between the Sudanese Armed Forces and the Rapid Support Forces. What began as a struggle for power has turned into a national catastrophe. More than 14 million people have been displaced. Health and education systems have collapsed and food…

Euronews

How are poverty levels around the EU as the French rate hits a 30-year high?

In the past three years, at least 11 EU countries have seen an increase in poverty levels. Women and young adults are more likely to face poverty or social exclusion.

International Business Times

Cuban Minister Resigns After Downplaying Poverty

The labor minister in economically depressed Cuba resigned Tuesday amid an uproar over her claim that people rummaging through garbage cans were only pretending to be poor and not truly desperate.

Saving Advice

Don’t Believe the Wealth Haters – Most of the Wealthy in America Are Self-Made

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Saving Advice

8 Places With High Incomes And Surprisingly High Bankruptcy Rates

We tend to associate bankruptcy with financial hardship, job loss, or systemic poverty. But new data reveals a surprising twist: some of the wealthiest communities...

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