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Economy May 28, 2026

UK Faces £125bn Annual Cost from Rising Youth Unemployment, Report Warns

A government‑backed Milburn review warns that the UK could lose £125 billion a year as the number o…
Britain faces a looming fiscal shock of roughly £125 bn each year if the surge in youth worklessness is not tackled, according to a landmark review led by former Labour minister Alan Milburn.The Milburn Review Highlights a £125bn Fiscal DrainThe report, commissioned by the government, labels the growing cohort of young people outside school, work or training as a “lost generation”. It argues that the current trajectory is no longer affordable and may become unsustainable for public finances.Numbers Behind the Crisis: Over 1 Million NEETs and £8.1bn Benefits SpendNEET count in the three months to March 2026: 1,012,000 (first breach of 1 m since 2013).Average lifetime earnings loss per NEET (age 18‑24): £52,000 per year.Annual benefits cost for young people: £8.1 bn, with £4.4 bn directly linked to NEETs.Potential GDP boost if all NEETs were employed: £38 bn extra output.Estimated lifetime public‑finance impact per NEET: £29,000.Why the Growing NEET Population Undermines the UK EconomyThe surge coincides with the highest overall unemployment levels since the Covid pandemic and comes amid broader economic pressures from tax hikes and the fallout of the Iran war. The report warns that the longer a young person remains out of work or study, the costlier the intervention becomes, creating a multibillion‑pound “financial black hole”.Policy Paths and the Likelihood of ReformMilburn calls for a “fundamental reset” of policies across schools, the NHS and the welfare state, arguing that simply expanding work programmes will not address deep‑rooted issues. He estimates that £3.2 bn could be saved if NEETs were in work and earning above benefit thresholds. However, any new welfare reforms may face political resistance after recent controversial benefit changes.
#Alan Milburn #Youth Unemployment #NEET
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Economy May 28, 2026

The Milburn Report: Warning of a 1.25 Million NEET Crisis in the UK Economy

A landmark review led by former Labour cabinet minister Alan Milburn warns that the number of young…
The Lead: Milburn's Stark Warning on UK Youth EmploymentA landmark review led by former Labour cabinet minister Alan Milburn has issued a stark warning regarding the future of the British workforce. The report projects that the number of young people not in work or education could surge to 1.25 million by the early 2030s without immediate intervention. This projection signals a potential deepening of the economic inactivity crisis that has been plaguing the UK for several years.The Event Details: The 'Generational Fault Line' ReportMilburn, leading the review into why so many young people are economically inactive, argues that the UK risks opening up a 'generational fault line' between young and old. He contends that systemic failures are preventing young people from entering the workforce, citing disconnects in schools, the NHS, the welfare system, and the jobs market. The review serves as a call to action for policymakers to address the root causes of youth economic stagnation.The Data Analysis: Projecting the 1.25 Million NEET CrisisProjected Figure: The report warns that the number of NEETs (Not in Education, Employment, or Training) could reach 1.25 million by the early 2030s.Current Context: This figure represents a significant demographic shift, indicating a potential loss of human capital and future economic productivity.Key Driver: The analysis points to a widening gap between the skills young people acquire and the demands of the modern labor market.The Impact Analysis: Economic Inactivity and Social CohesionThe rise in youth inactivity poses a severe threat to social cohesion and economic stability. A large inactive youth population places a heavier burden on the working-age population and the state, potentially leading to reduced economic dynamism and increased social stratification. The report suggests that without addressing the barriers to entry for young people, the UK could face long-term stagnation in its growth potential.The Prediction: Urgent Overhaul of UK Support SystemsTo avert this crisis, the report calls for a comprehensive overhaul of the support systems designed for young people. Future policy must focus on aligning educational outcomes with labor market demands and ensuring that health and welfare systems are accessible and relevant to the youth demographic. The Guardian is now seeking input from young people to better understand their personal experiences and challenges in the job market.
#Alan Milburn #UK Economy #Youth Unemployment
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Business May 28, 2026

The UK's Dual Economic Crisis: A Lost Generation and Housing Freeze

The UK faces a looming economic crisis characterized by a potential 'lost generation' of young peop…
The UK's Dual Economic Crisis: A Lost Generation and Housing FreezeThe UK economy is currently navigating a precarious convergence of two distinct but equally damaging trends: a looming youth unemployment crisis and a housing market that has become virtually inaccessible to first-time buyers. These issues threaten to create a 'lost generation' of young people, trapping them between economic inactivity and the inability to build the financial foundations necessary for adulthood.The Milburn Review: Systemic Failure vs. Youth InactivityFormer Health Secretary Alan Milburn has released a scathing review of the UK's labour market, pinning the blame for rising youth unemployment squarely on systemic failures rather than individual shortcomings. His analysis warns that unless urgent intervention occurs, one in six young people (1.25 million) could be classified as NEET (Not in Education, Employment, or Training) within five years.Milburn's Argument: He asserts that the current system is 'stuck in the past' and fails to enable youth participation in the labour market, often pushing young people onto benefits instead of jobs.The Decline of Entry-Level Roles: The review highlights the collapse of the 'Saturday job' culture and a significant drop in apprenticeship starts over the last decade.The 'Catch-22' Barrier: Milburn calls for employer incentives to break the cycle where employers demand work experience before offering employment.Housing Affordability: A Crisis Comparable to 2008Simultaneously, the housing market presents a formidable barrier to entry for young adults. David Thomas, the outgoing CEO of Barratt Redrow, has warned that first-time buyers are facing their toughest challenge since the 2008 financial crisis. Thomas attributes this to a 'perfect storm' of rising interest rates, student loan deductions, and stagnant real wages.'Certainly it’s going to be close to where we were [after] the great financial crisis... We’re now facing challenges around affordability with no government support scheme in place.'The Future Outlook: A Risk of Permanent ScarcityIf these trends continue unchecked, the UK risks entrenching a permanent underclass of economically inactive youth. The combination of a welfare state that may be exacerbating inactivity and a housing market devoid of government support schemes suggests a bleak trajectory for the next generation's economic mobility.
#UK Economy #Alan Milburn #Youth Unemployment
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Politics May 28, 2026

Reeves Orders Ministers to ‘Buy British’ in Shipbuilding, Steel, Energy and AI

Chancellor Rachel Reeves has told cabinet ministers to award government contracts in shipbuilding, …
The Chancellor’s Directives to Prioritise British SuppliersIn a letter seen by The Guardian, Chancellor Rachel Reeves instructed every cabinet minister responsible for spending to "buy British" wherever possible. She expressed disappointment that many departments continue to award contracts to foreign firms despite the availability of capable UK suppliers.Targeted Sectors and the Scope of New OversightThe Treasury and Cabinet Office will now monitor contracts worth billions of pounds in four identified sectors that are deemed critical to national security:ShipbuildingSteel‑makingEnergy infrastructureArtificial intelligenceOfficials have been given authority to intervene or "call in" contracts that do not meet the new nationality criteria.Financial Scale of the Contracts Under ScrutinyRecent high‑profile deals illustrate the monetary stakes:£200 million contract for navy support vessels awarded to Dutch shipbuilder Damen.£9 million refit of the research ship David Attenborough awarded to Danish yard Orskov.Potential £1.9 billion upgrade of the Faslane nuclear‑submarine shipyard that could be opened to foreign bidders.Collectively, the four sectors involve multiple billions of pounds of annual government procurement.Political and Economic Implications for UK IndustryThe move arrives amid internal Labour Party tensions over the chancellor’s future and broader concerns about the UK’s economic exposure to the Iran war. Union leaders, such as GMB Scotland’s Louise Gilmour, have welcomed the push, arguing that foreign award‑outs undermine British jobs and security.Critics within government warn that prioritising nationality over cost could raise taxpayer expenses and limit competition, especially in high‑tech fields like AI where global expertise is crucial.What Comes Next: Guidance, Enforcement and Potential BacklashReeves plans to issue detailed guidance this summer, directing accounting officers to factor contractor nationality alongside price. The Cabinet Office will review departmental decisions and, where necessary, override them.Potential outcomes include:Increased market share for UK firms in shipbuilding, steel and AI.Heightened scrutiny of foreign involvement in critical energy projects.Possible legal challenges under the 2023 Procurement Act if contracts are blocked.The policy’s success will hinge on balancing national‑security objectives with fiscal prudence, and on whether the Labour leadership can maintain cohesion as the party navigates upcoming leadership debates.
#Rachel Reeves #Chris Ward #UK procurement
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Entertainment May 28, 2026

The Mischief Theatre Company's Thespians Review

The Mischief theatre company has launched a new musical, Thespians, which humorously explores the o…
The Mischief Theatre Company's Thespians Review The Mischief theatre company has been making fun of actors' foibles for years, especially in their deliriously amusing Goes Wrong series. Their first musical, Thespians, asks if the rampaging egos, heated rivalries, creative differences, and hammy activities of actors can be dated back to the world's very first acting troupe. The World of Thespians Little is known about the real Thespis, father of tragedy in the sixth century BC. Co-writers and lyricists Jonathan Sayer and Ed Zanders introduce him on the drought-plighted island of Ikaria and chart his odyssey to Athens, where he competes in a Eurovision-style prayer competition at the whim of a merciless tyrant and ends up founding the art of acting with his pals. The Musical Elements The musical elements of Thespians are a highlight, with songs that grow stronger over the evening. The show includes a Kander and Ebb spoofing Old Man Tango, with a geriatric chorus line prone to back pain. The sound, from Ben Smith's band, is more Sondheim than Rydell High in a show subtitled Greece the Musical (But Not That One). The Performances The cast, including James Spence as Thespis, Luke Latchman as Atlas, and Marc Pickering as Adonis, deliver strong performances. The show is directed by Robyn Grant and features a panto-esque adventure with a mix of physical comedy and witty wordplay. The Verdict While the show could benefit from zippier physical set pieces and a faster-paced ending, it distinguishes itself with an abundance of heart and soul. Thespians is a sweetly affecting paean to keeping good company – in life as much as in theatre.
#Mischief Theatre #The Guardian #Thespians
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Economy May 28, 2026

UK Neets Set to Hit 1.25m by 2030s Without Urgent Action

The number of young people not in work or education in the UK could rise to 1.25 million by the ear…
The Looming Crisis of Youth Unemployment Britain risks a 25% rise in the number of young people not in work or education to 1.25 million by the early 2030s without urgent government action to avoid a “lost generation”, a landmark report has warned. Milburn's Call for Urgent Action Alan Milburn, the leader of the review into why so many young people are economically inactive, said the UK risked opening up a “generational fault line” between young and old without urgent steps to overhaul schools, the health service, the welfare system and the jobs market. The Data Behind the Crisis Experts have warned of a crisis in youth jobs, with official figures due on Thursday expected to show the number of young people not in education, employment or training (Neet) is close to breaking through a million – the highest level for more than a decade. Number of Neets could rise to 1.25 million by the early 2030s One in six young people could be Neet within five years Britain has the third-highest rate of 16 to 24-year-olds who are not earning or learning among rich European countries The Impact on the UK's Social Contract Milburn will warn that without urgent action the number could continue rising from one in eight young people who are classified as Neet to one in six within five years – representing 1.25 million young lives. He will say in his report that whoever leads the party into a general election against Nigel Farage’s Reform UK should make cutting youth unemployment a top priority, with a central mission to repair Britain’s increasingly broken social contract. The Road Ahead The government has faced fierce criticism from business groups who say Labour policy has fuelled the crisis in youth jobs. However, the government has welcomed Milburn’s report and is taking action to support young people.
#UK #Youth Unemployment #Alan Milburn
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Science May 27, 2026

Can You Solve the Snake Escape Puzzle?

A challenging puzzle asks readers to design escape passages for two snakes of different lengths in …
The LeadToday's puzzle from The Guardian challenges readers to design escape passages for two snakes of different lengths in a cage. The puzzle requires creating two passages that allow each snake to escape independently while preventing the other from using the same passage.The Puzzle ChallengeSnakes in a cageTwo snakes of equal width are in a cage. One is long and the other is short.Design two escape passages, A and B, that lead from the bottom of the cage such that:The short snake can escape down A, but the long one can't.The long snake can escape down B, but the short one can't.The ConstraintsThe passages must have no moving parts, trapdoors or levers. Assume that the snakes have circular cross-sections, and the diameter is the same at all points along their bodies. The snakes can wiggle but they cant squeeze through passages that are narrower than they are wide.The Solution PreviewThe author will return at 5pm UK time with solutions to this intriguing puzzle. Readers are asked not to post spoilers in the comments section while they work on solving the challenge.
#puzzle #riddle #math
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Tech May 27, 2026

MacBook Air M5 review: Apple's best consumer laptop speeds up

The MacBook Air M5 is Apple's latest and most powerful consumer laptop, featuring a new M5 chip, do…
The LeadApple's latest MacBook Air is its most powerful yet, comes with double the starting storage and is better than ever for getting work done and as the benchmark for a consumer laptop. The Event DetailsThe M5 MacBook Air starts at £1,099 (€1,199/$1,099/A$1,799) for the 13in version, which is £100 or equivalent more than last year's excellent M4 version, but comes with at least 512GB of storage. It sits above the £599 MacBook Neo and below the £1,699 M5 MacBook Pro, making the Air Apple's mid-range machine. The Data Analysis Screen: 13.6in LCD (2560x1600; 224 ppi) True Tone Processor: Apple M5 with eight or 10-core GPU RAM: 16, 24 or 32GB Storage: 512GB, 1, 2 or 4TB SSD Operating system: macOS 26 Tahoe Camera: 12MP centre stage Connectivity: wifi 7, Bluetooth 6, 2x Thunderbolt/USB 4, headphones Dimensions: 215 x 304.1 x 11.3mm Weight: 1.23kg The Impact AnalysisThe new M5 chip marks a watershed moment for Apple's laptop line. It is about 10-20% faster than the M4 in the previous edition, which is nothing to be sniffed at. But with the progress over the last few years, the M5 makes this MacBook Air between 75% and 108% faster than the M1 MacBook Air depending on the task. The PredictionThe MacBook Air M5 is a top-notch consumer laptop that offers pro-level performance, long battery life, and sustainability features. With its improved performance, storage, and features, it is likely to remain a top choice for consumers in the market for a reliable and powerful laptop.
#Apple #MacBook Air #M5 chip
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Sports May 27, 2026

WSL 2025-26 Season Review: Khadija Shaw and Andrée Jeglertz Shine

The WSL 2025-26 season has concluded with Manchester City winning the title under manager Andrée Je…
The Star Player: Khadija ShawKhadija 'Bunny' Shaw has been named the best player in the WSL 2025-26 season. The Jamaica international scored 21 goals in 22 games, becoming the first player in WSL history to score more than 20 goals in three different seasons. Her impressive performance earned her the Golden Boot for a third consecutive year.The Mastermind: Andrée JeglertzManchester City's manager, Andrée Jeglertz, has been named the best manager of the season. He led the team to their first WSL title since 2016, transforming the squad's mentality and creating unity. Jeglertz's tactics and ability to manage ambitious individuals were key to the team's success.Best Goal of the SeasonThe best goal of the season was a subject of debate among writers, with Oona Siren's long-range volley and Jess Park's swerving strike being mentioned as top contenders.
#Khadija Shaw #Andrée Jeglertz #WSL
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