According to CoinMeta, British Prime Minister Boris Johnson has pledged to adjust the eligibility for welfare benefits for young people and increase investment in mental health services and employment support in order to curb the growing welfare expenditures in the UK. The Office for Budget Responsibility predicts that UK welfare spending will rise from £334 billion in the previous fiscal year to £431 billion in the 2031-2032 fiscal year, putting the Johnson government under increasing pressure to cut welfare spending. Former Labour Party minister Alan Milburn is expected to release a comprehensive report on youth unemployment in the coming weeks, which will examine what additional community, medical, and educational support young people need.