Inflation has risen back above the Bank of England’s 2% target, in the first increase of 2024 after months of steady declines
The Government is 'eerily silent' on tackling the issue of people absent from the labour market due to mental health issues, shadow Work and Pensions Secretary Mel Stride has said. He told Times Radio: 'There is an issue, particularly actually around mental health, and particularly around younger people.
Mel Stride 'And what the OBR said was that would reduce the numbers going on to those benefits by over 400,000 people. So there are things you can do, but it takes a bit of time, and it takes a lot of political will. 'My concern is that this Government said absolutely nothing about the reforms that I brought through, and if they do absolutely nothing, then the costs, for example, to the taxpayer, can continue to spiral ever upwards.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inflation set to rise back above 2% Bank of England target this weekInflation has been at the Bank's target of 2 per cent for two months but is set to rise
Read more »
Inflation expected to rise above the Bank of England target until summer 2026As Bank cuts interest rates, new forecast predicts inflation will go up again despite dropping back to its two per cent target
Read more »
Interest rate cut: Don't expect a flood more from Bank still paranoid about inflationSky's Ed Conway says that while this is a watershed moment for the UK economy, it is clear that further rate reductions will come slowly as stubborn inflationary pressures remain.
Read more »
Millions of teachers set for above inflation pay rise despite £20billion black hole in government finances...Rachel Reeves gives first major speech as Chancellor
Read more »
Inflation rises to 2.2% – what it means for your moneyInflation has risen above the Bank of England's target rate of 2 per cent
Read more »
Government 'poised to remove' contractor running troubled Forest Bank prisonAfter 25 years building and then running the prison, jail insiders said Sodexo is set to be axed
Read more »