UK Youth Unemployment: 1M NEETs Cost £125 Billion
Nearly 1.01 million UK youth are NEET, costing £125bn yearly. Entry-level jobs drop by 1.6 million, worsening the crisis.
Category : Economy
Young Jobless Not 'Snowflakes' but Failed by Older Generations
A new report by Alan Milburn warns 1.25 million young people could become NEET within five years. Charity leaders say youth are not lazy but failed by systems and older generations.
1p ISA Loophole to Avoid 22% Charge Before 2027
Savers may use a 1p loophole to avoid a 22% charge on cash held in stocks and shares ISAs from April 2027, as the cash ISA limit is cut to £12,000.
Poundland Founder's Mansion Price Cut £250k
A 13-bedroom mansion once owned by Poundland's co-founder has had its price reduced by £250,000 to £4.75 million, as current owners struggle to sell.
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US Jobless Claims Rise to 215,000 Despite Iran War
US jobless claims rose to 215,000 last week, but layoffs remain low despite economic uncertainty from the Iran war and surging gasoline prices.
PSG’s Ligue 1 Edge Over Arsenal in UCL Final
PSG’s ability to rotate in Ligue 1 leaves their stars fresher for the Champions League final against Arsenal, highlighting a key tactical advantage.
Wealth Advisor Warns of HMRC Change, Urges Pension Moves
A wealth advisor warns that from April 2027, pensions will be subject to inheritance tax, urging proactive gifting strategies to avoid up to 40% tax.
Budapest Champions League Final Highlights Closed Shop
Philipp Lahm praises Budapest as host for the Champions League final but criticizes the tournament's lack of competitiveness for clubs from smaller nations.
First-Time Buyers Face Worst Crisis Since 2008, Says Housebuilder
The CEO of Barratt Redrow warns that rising interest rates, student debt, and wage stagnation make it the hardest time for young buyers since the financial crisis.
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UK at Risk of £125bn Youth Joblessness Bill
A landmark report by Alan Milburn warns UK risks £125bn hit from youth unemployment unless urgent action is taken on NEETs and skills.
Inside Harry and Meghan's £2.4M Frogmore Cottage Reno
A look inside Frogmore Cottage's £2.4 million renovations by Harry and Meghan, including kitchen, bedroom, bathroom, and garden details before their move to California.
Man City Eye Pedro Porro Transfer as Spurs Set £50m Fee
Manchester City have initiated contact with Tottenham over a potential move for Pedro Porro, with Spurs setting a £50m asking price for the Spanish full-back.
13 Killed as Minibus Crashes Into Lorry in China
At least 13 people died after an overcrowded minibus rear-ended a semi-trailer truck on the G40 highway in Henan, China. The bus had 16 passengers, exceeding its nine-passenger limit.
Wolves Pursue Trippier for Premier League Return
Wolves are discussing a move for Kieran Trippier, 35, as they aim for Premier League promotion. The defender is seen as a leader and mentor for the squad, with interest also from other clubs.
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UK Neet Crisis: 1 Million Young Not in Work or Education
Over one million young people in the UK are not in education, employment, or training, costing £125bn annually. Alan Milburn warns of a 'lost generation' without urgent action.
Tourist Loses Tap Water Legal Battle Against Italian Hotel
An Italian tourist lost a court battle after being refused free tap water at a five-star Dolomites hotel, with the Supreme Court ruling no obligation exists to provide it.
Record 5.6M Penalty Points for UK Drivers in 2025
UK drivers received a record 5.6 million penalty points in 2025, up from 5.4 million in 2024, driven by 20mph zones and camera tech.
Over-70s Hit with Car Tax Hikes in 2026 VED Rise
State pensioners aged over 70 are hit with new car tax charges in 2026 as VED rates rise. No age-based exemption applies, with bills climbing since April.
Gamification and Memes Lure Youth to Wagering Apps
Prediction markets and sports wagering apps use memes and gamification to attract users as young as 18, raising concerns about addiction and financial harm among young adults.
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UK youth unemployment costs £125bn annually
A government-commissioned review estimates the UK's youth unemployment crisis costs £125bn a year, with NEET numbers exceeding one million for the first time since 2013.
Neet crisis could cost UK £125 billion, warns Milburn
Alan Milburn warns the Neet crisis could cost the UK £125 billion, with numbers set to hit 1.25 million in five years. He blames institutions, not young people.
Portugal General Strike: 500 Flights and Transport Hit
A general strike in Portugal on 3 June, led by CGTP, will disrupt around 500 flights and public transport, protesting labour reforms. Tap allows free ticket changes.
Teenager 10th Open Water Death in UK Heatwave
A teenage boy has died in a Kent pond, becoming the tenth person to lose their life in open water during the UK's record-breaking heatwave.
UK Heatwave Weekend Forecast: Met Office Reveals Sizzling Temps
The Met Office forecasts another hot weekend with temperatures up to 29°C, following record-breaking 35.1°C at Kew Gardens. Saturday sunny, Sunday cooler with showers.
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UK NEET Numbers Hit Post-Pandemic High of 1.01M
The number of young people not in education, employment, or training (NEET) in the UK reached a post-pandemic high of 1.01 million, risking a 'lost generation'.
Broncos' Jensen Targets Return After Blood Clot Scare
Brisbane prop Corey Jensen reveals the shock of blood clots in his lung, losing 10kg, and his determination to return for a late-season NRL charge.
UK NEETs Top One Million for First Time Since 2013
The number of 16-24 year olds not in employment, education or training (NEETs) rose to 1.01 million, the highest since 2013, sparking fears of a lost generation.
14-Year-Old's Olympic-Style Spelling Bee Training
Shrey Parikh, 14, employs three coaches and advanced tools in his final Scripps National Spelling Bee run, contrasting with old-school dictionary methods.
Pele Named Greatest World Cup Player Ever
Pele tops The Independent's list of 50 greatest World Cup players, winning three tournaments and epitomizing the competition's spirit with unparalleled skill and legacy.
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Arsenal's Timber Set for Champions League Final Return
Jurrien Timber has returned to full training after 70 days out with a groin injury, giving Arsenal a major boost ahead of Saturday's Champions League final against PSG in Budapest.
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