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Chancellor Advocates Jobs Over Benefits for Young People

Kaynak: BBC Business - Yayin: 28 Sep 2026 16:32

Chancellor John Healey emphasized the importance of providing jobs and training for young people rather than increasing welfare benefits during his speech at the Labour Party conference. He announced the expansion of a Local Apprenticeships Service aimed at creating more apprenticeship opportunities, funded by savings from the Department for Work and Pensions.

Healey's remarks come as he faces pressure to manage public spending ahead of the upcoming Budget. He highlighted the need for fiscal discipline and acknowledged the challenges posed by previous government spending, while also addressing the issue of youth unemployment in the UK.

Watch for the rollout of the Local Apprenticeships Service as it expands to all English mayors, potentially transforming youth employment. The upcoming Budget will be crucial; keep an eye on how fiscal discipline shapes future job training initiatives and welfare reforms.

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