DWP Considers Accelerating State Pension Age Rise for Millions Born 1949-1955 Wednesday, July 15, 2026 pension dwp retirement statepension legislation treasury obr pensionsystem lifeexpectancy fiscalpolicy The Department for Work and Pensions (DWP) is considering bringing forward the planned rise in the state pension age, a move that could significantly affect millions of people born between 1949 and 1955. Originally, the state … Read More
Andy Burnham Signals Limited Cuts to DWP Benefits if He Becomes Prime Minister Sunday, June 21, 2026 burnham dwp welfare benefits reforms economy labour obr pensions education Andy Burnham, the frontrunner to succeed Sir Keir Starmer as Prime Minister following his recent Makerfield by-election victory, has indicated he will avoid making “significant” cuts to the Department for Work and Pensions … Read More
DWP Confirms State Pension Age Review Amid Potential Changes Friday, June 19, 2026 dwp pension retirement labour mcfadden statepension pensionage review obr finance The Department for Work and Pensions (DWP) has reaffirmed that a comprehensive review of the state pension age is underway, with Labour Party’s Pat McFadden confirming the process remains on schedule. Speaking in Parliament, … Read More
HMRC’s Tax Threshold Freeze to Push One Million Pensioners Into Paying Income Tax Wednesday, March 11, 2026 hmrc tax pensioners statepension incometax taxfreeze obr pensions personalallowance budget Up to one million more state pensioners are expected to start paying income tax on their state pension, following a freeze on tax thresholds announced in last year’s Budget. The Office for Budget Responsibility (OBR) … Read More
UK Inflation Set to Exceed 2% Target, Potentially Reaching 3% by Year-End Tuesday, March 10, 2026 inflation uk economy energy obr oil gas prices costofliving ofgem The Office for Budget Responsibility (OBR) has issued a warning that UK inflation may surpass the government’s 2% target and approach 3% by the end of 2026. This projection hinges on fluctuations in oil and gas prices, … Read More
One Million More State Pensioners Face Tax Bills After Rachel Reeves’ Threshold Freeze Wednesday, March 4, 2026 pensioners tax statepension income hmrc budget economy rachelreeves obr inflation A growing number of retirees are expected to pay income tax on their Department for Work and Pensions (DWP) state pension, following Labour Party Chancellor Rachel Reeves’ decision to freeze the income tax threshold. The … Read More