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The Latest Breaking News from Poverty

Billionaire wealth jumps to highest ever at $18.3 trillion as Oxfam warns of ‘dangerous inequality’

The total number of billionaires in the world has now reached 3,000 for the first time ever, while nearly half of the world’s population lives in poverty, the report says

The Independent UK

Art is good for mental health? Not when you’re a novelist in poverty

Letter: Publishing pays abysmally, says an anonymous writer, who feels closer to their neighbours on benefits than to their former peers in teaching and academia

The Guardian - UK

Budget plans aim to help families when they need it most, insists John Swinney

The Scottish First Minister has hailed his Government’s tax and spending plans for 2026-27, which were unveiled at Holyrood on Tuesday.

Evening Standard

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Scottish Budget 2026 Includes Increase in Child Payments, 'Step in the Right Direction' Says Single Mother

Scottish finance minister Shona Robison announced child payment increases in the 2026-27 budget, earning praise but also calls for further action to address remaining gaps in support.

International Business Times UK

The Guardian view on long waits for disability benefits: the system should not push people closer to poverty

Editorial: It takes a year for some personal independence payment claims to be processed, creating the perfect storm for vulnerable applicants

The Guardian - UK

Scottish child payment increase ‘falls short’, says poverty action group

Tuesday’s Scottish Budget revealed the Scottish child payment will rise to £40 in 2027-28.

Evening Standard

Child payment rise ‘step in right direction’ but more help required, says mother

Angie Bird, who lives in Ardfern, Argyll and Bute, was speaking after the benefit was increased to £40 a week for families with a child under one.

Evening Standard

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Nearly half of Detroit seniors spend at least 30% of their income on housing costs − even as real estate values fall

For Detroit homeowners over 65 who overwhelmingly live on fixed incomes, unexpected costs – increases in grocery prices, rising health care premiums or an emergency repair – heighten their risk of financial instability and can even lead to them falling into poverty.

The Conversation

SNP faces last-minute pleas ahead of final Budget before election

The Finance Secretary faces calls from parties, charities and business leaders ahead of Tuesday’s Budget.

Evening Standard

When Assistance Programs Update for the New Year, These Income Thresholds Quietly Shift

Every January, millions of Americans receive a cost-of-living adjustment (COLA) to their Social Security or disability benefits. While that extra money is meant to help with inflation, it can quietly push recipients over the income limits for key assistance programs. From food stamps to Medicaid, these programs update their income…

Clever Dude

MPs warn some disability claimants waiting more than a year for claims to be processed, damning report finds

Disabled claimants have come to expect ‘reliably poor service’ from the DWP, scathing review finds

The Independent UK

Badenoch claims forthcoming business rates U-turn for pubs ‘too little, too late’ – as it happened

Conservative leader criticises government’s U-turn but change likely to be welcomed by pub trade

The Guardian - UK

Reeves condemns Farage opposition to lifting two-child benefit cap

Exclusive: Chancellor says Reform leader wants to keep children in poverty based on skin colour after U-turn

The Guardian - UK

Australia’s cost of living ‘getting crazier’ as nearly half of lower-income families worry about affording school shoes

Nine in 10 families are worried about price of back-to-school essentials as inflation continues to bite, research has found

The Guardian - AU

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The Conversation

Nigeria has a high poverty rate – what this has to do with ethnic conflicts

Nigeria has endured decades of violent insurgencies and ranks 6th on the 2025 Global Terrorism Index. Numerous people have been killed and millions displaced. The number of casualties from terrorist attacks in 2025 can be seen in both the Armed Conflict Location & Event Data and the Council on Foreign…

Evening Standard

Revealed: Shocking extent of London’s hygiene poverty crisis

According to data, around three out of ten women in the Greater London area have had to choose between buying enough food or hygiene products amid the cost-of-living crisis

GOBankingRates

10 Celebrities Who Were on SNAP Before They Got Rich

For millions of Americans, the Supplemental Nutrition Assistance Program (SNAP), commonly known as food stamps, offers a lifeline during difficult times.

The Independent UK

The climate crisis, aid cuts and deepening poverty are combining to drive a crisis in Madagascar

IN FOCUS: The humanitarian crisis in the south of the country has worsened in recent months, with the head of the country’s UN humanitarian operation telling Nick Ferris there is currently little hope for improvement

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Evening Standard

Nearly a third of Londoners struggle to afford basic hygiene products

Around three out of ten women in the Greater London area have had to choose between buying enough food or hygiene products amid the cost-of-living crisis

The Independent UK

Voices: ‘Tired of broken promises’: Readers on Reform, Plaid Cymru and the collapse of Labour loyalty in Wales

YOUR VIEWS: Commenters said it is no wonder that poverty-stricken communities in Wales are abandoning Labour after years of broken promises, with anger and desperation now driving support towards Reform and Plaid Cymru

Capital & Main

Still the Golden State?

Financial inequality, homelessness and the highest unemployment in the nation — for all its riches, California still has some big problems for lawmakers to address in 2026.

The Guardian - UK

Violent crimes against parents by children up 60% since 2015, shows London data

Exclusive: Met figures thought to reflect national picture with Covid, poverty and more people seeking help possible factors

The Independent UK

Hidden ‘killer’ of fuel poverty crisis revealed

IN FULL

The Independent UK

Carbon monoxide – the hidden ‘killer’ of the fuel poverty crisis

Exclusive: Households living in cold and damp homes are twice as likely to report experiencing dangerous levels of carbon monoxide

Euronews

Arise Sir Idris! Hollywood A-lister knighted in King Charles' New Year's Honours

Actor Idris Elba has been made a knight in King Charles III New Year's honours list in recognition of his work to reduce knife crime and poverty and promote education.

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