Plans to delay access to the universal credit health element until age 22 have triggered fierce opposition from disabled people’s groups, who warn it would deepen poverty and entrench discrimination against young disabled people under the guise of ‘encouraging work.’ DYLAN MURPHY reports
IN A MOVE that has sent shockwaves through disabled communities across the country, the Labour government is considering a policy that would slash vital financial support for young disabled people aged 18 to 21.
As the campaign group Benefits and Work has pointed out, “One of the proposals in the Pathways to Work green paper was to delay access to the UC [universal credit] health element until age 22, meaning that younger people would not be eligible. The claim is that this would make it less likely that young people would be trapped in a life on benefits. The proposal is pencilled in for 2027/28.”
This has sparked a firestorm of criticism from disabled people’s organisations (DPOs), which warn of a “devastating financial impact” that will push a vulnerable generation further into poverty and away from the very employment opportunities the government claims to be promoting.
The government’s rationale for this drastic measure is to prevent young people from being “trapped in a life on benefits.” However, this narrative has been widely condemned as a gross misrepresentation of the reality faced by young disabled people.
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Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum in Washington, DC on November 19, 2025. (Photo by Brendan Smialowski/AFP via Getty Images)
“Billionaires are raking in staggering profits off the backs of ordinary workers,” said Chuck Collins of the Institute for Policy Studies.
The collective wealth of US billionaires surged to $8.1 trillion in 2025 as working-class Americans faced a cost-of-living crisis made worse by President Donald Trump’s tariff regime and unprecedented assault on the social safety net.
An analysis released Friday by the Institute for Policy Studies (IPS) found that the top 15 US billionaires saw the largest wealth gains last year, with their collective fortune growing from $2.4 trillion to $3.2 trillion. That 33% gain was more than double the S&P 500’s 16% increase in 2025.
What IPS describes as the “elite group” of US billionaires includes Tesla CEO Elon Musk, the richest man in the world; Google co-founder Larry Page; Amazon founder Jeff Bezos; and Oracle executive chairman Larry Ellison.
IPS emphasized that “these staggering combined billionaire wealth totals come as the Trump-GOP budget bill passed in 2025 defunded health insurance, food stamps, and other vital anti-poverty safety net programs, in order to pay for tax cuts for the wealthy and budget increases for militarism and mass deportations.”
“The affordability crisis is hitting ordinary Americans particularly hard as we head into the new year, but not everyone is feeling the pain: Billionaires are raking in staggering profits off the backs of ordinary workers,” Chuck Collins, director of the Program on Inequality and the Common Good at IPS, said in a statement.
“These extreme concentrations of wealth and power,” Collins added, “undermine our daily lives and further rig our economy in favor of the ultra-rich and corporations, while ordinary Americans get a raw deal once again.”
IPS released its analysis days after Bloomberg reported, based on its Billionaires Index, that the world’s 500 richest people gained a record $2.2 trillion in wealth last year.
Omar Ocampo, an IPS researcher, said that in the US, billionaires are “paying far less in taxes compared to the huge amount of wealth they amass,” allowing them to continue accumulating vast fortunes, supercharging inequality, and using their wealth and influence to subvert reform efforts.
“Not only are a small number of Americans holding more wealth than the rest of America, but they’re also not paying their fair share in taxes,” said Ocampo.
The new report comes as families across the US struggle to make ends meet amid high and still-rising prices for groceries, housing, and other necessities. A Century Foundation survey released last month found that “roughly three in 10 voters delayed or skipped medical care in the past year due to cost, while nearly two-thirds switched to cheaper groceries or bought less food altogether.”
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Campaigners from Oceana UK protest outside the Royal Courts of Justice in London, where the environmental group is taking the government to court over 31 licences for oil and gas exploration, March 26, 2025
NOT a single exploration well was drilled in North Sea waters in 2025 – the first year since oil and gas was discovered there in the 1960s, analysis finds.
Energy consultants Wood Mackenzie found oil and gas investment on the UK continental shelf, which stood at £4 billion this year, is set to plunge by more than 40 per cent in the next to £2.5bn, its lowest level for more than 50 years.
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Greenpeace UK’s Paul Morozzo said: “This isn’t a temporary blip.
“The North Sea’s days as an oil and gas basin are coming to an end. Investment is falling because of physical constraints and decreased profitability.
“The real risk now is chasing a declining industry instead of preparing for what comes next.
“Doubling down on oil and gas won’t protect jobs, energy security or household bills.
“It’s time the government took action on the cost of living crisis, as well as to protect us all against the worst impacts of climate change.
“The way to do that is by investing in the industries of the future, not clinging to one that’s in terminal decline.”
Experienced climbers scale a rock face near the historic Dumbarton castle in Glasgow, releasing a banner that reads “Climate on a Cliff Edge.” One activist, dressed as a globe, symbolically looms near the edge, while another plays the bagpipes on the shores below. | Photo courtesy of Extinction Rebellion and Mark RichardsImage of InBedWithBigOil by Not Here To Be Liked + Hex Prints from Just Stop Oil’s You May Find Yourself… art auction. Featuring Rishi Sunak, Fossil Fuels and Rupert Murdoch.
Money is stacked on top of an energy bill, February 3, 2025
ENERGY companies are still relying on closed magistrates’ court hearings to secure warrants against households with unpaid bills, more than three years after the pre-payment meter scandal.
Magistrates are still sitting in private to authorise forced entry, often approving hundreds of warrants at a time based on applications they have never personally reviewed, an investigation by the Standard newspaper revealed yesterday.
It was revealed in 2022 that magistrates’ courts across Britain were effectively rubber-stamping mass batches of warrants for debt agencies, acting on behalf of energy firms.
Many of those targeted were among the poorest households, already hit by the cost-of-living crisis, with agents breaking into homes to install expensive pre-payment meters.
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A new court process for approving warrants was introduced in April 2024 following approval by Chief Magistrate Paul Goldspring.
The revised system was intended to introduce safeguards, including a requirement for energy firms to give at least 10 days’ notice of an application, to attempt contact with a household at least 10 times and to wait at least a month after a missed bill before applying for a warrant.
But a year-long probe found that magistrates are now carrying out the work almost entirely in secret, sometimes from home.
Failures by debt agencies to comply with legal requirements were also found to be routinely brushed aside.
End Fuel Poverty Coalition co-ordinator Simon Francis said the findings exposed “a deeply troubling practice where people struggling with unaffordable energy bills are condemned through the courts out of sight and without a voice.”
He said: “It’s time to stop criminalising energy debt and allowing these cases to be pursued through a court system which is clearly unfit for the purpose.
Small retrofit firms have asked for an extension to the insulation scheme to protect their businesses. Photograph: Jon Challicom/Alamy
E3G thinktank warns retrofit sector could shed 10,000 skilled jobs as small firms struggle to survive
Cuts to a scheme for insulation and heatpumps for low-income households will leave homes damp, draughty and unsafe over winter, experts have said.
Housing have asked for a one-year extension to the scheme to ensure continuity and prevent small retrofit firms going bust. Companies say funding for solar panels and insulation is already being withdrawn, leaving homes cold and draughty as winter sets in.
Rachel Reeves announced in her budget that she would cut £150 a year from the average energy bill, partly financed by axing the £1.3bn energy company obligation (ECO) scheme that helped fund upgrades for homes owned or rented by households earning under £31,000.
This scheme is due to be end in March. The government plans to launch a “warm homes plan” to provide funding for heat pumps, insulation and other home upgrades but this has been beset by delays.
Experts have said this will affect an estimated 222,000 future retrofit projects that would have cut bills for low-income households.