The Department for Work and Pensions is seeking advice from the Office for Budget Responsibility regarding proposed increases to the state pension age.

The entities involved

• Department for Work and Pensions →

  United Kingdom government ministerial department

  • Alan Milburn reviewed the regional youth unemployment crisis in the North East, leading to government investment in a pilot scheme.09:44
  • Geopolitical instability is noted to impact corporate viability, alongside discussions of future employment support funding.Mon 10:55
• Office for Budget Responsibility →

  an advisory non-departmental public body

  • UK fiscal risk is being analyzed by Matthew Ryan and the OFR, coinciding with Bank of England rate hike speculation and rising bond yields driven by Middle East oil price surges.Mon 18:47
  • David Rees of Schroders forecasts UK economy growth rates amid rising borrowing costs and yield warnings.Mon 18:47

Related events

• The Prime Minister has hinted at future tax policy changes, while government policies are being assessed for fiscal pressures by the Office for Budget Responsibility.Jul 27
• The Department for Work and Pensions is facing scrutiny as it targets various benefit systems, including ESA, Pension Credit, and Universal Credit, amid political discussions about fiscal rules.Aug 4
• The Office for Budget Responsibility is evaluating the economic impact of government plans led by Andy Burnham and John Healey.Thu 11:00
• Burnham has succeeded Starmer as Labour leader and PM, appointing Pat McFadden to run the DWP and John Healey to oversee policy implementation, including PIP threshold changes.Jul 24
• New PM implements DWP reforms while Alan Milburn's review into youth unemployment mandates primary schools identify at-risk youth.Aug 7