Rachel Reeves is set to announce a new Youth Guarantee program that will provide paid work opportunities for unemployed young individuals. The Chancellor will introduce this initiative at the Labour party conference in Liverpool, emphasizing the importance of reforming the welfare system and addressing economic challenges.
During her speech, Reeves will highlight the need to prevent the potential of many people from being wasted by offering guaranteed college placements, apprenticeships, or job support for youngsters. Additionally, individuals out of work for over 18 months will be offered paid work placements.
Reeves will stress the significance of creating opportunities for all individuals, irrespective of their background, to excel in a Britain filled with prospects. She will also address the issue of unemployment benefits, emphasizing that they should not be seen as an alternative to work.
Furthermore, the Chancellor will express her support for breaking down barriers for working-class children and ensuring that the economy benefits all individuals. She will also touch upon the importance of responsible financial management to reduce debt and borrowing costs.
In a related matter, Reeves will criticize the Reform UK’s policy of scrapping indefinite leave to remain as “racist,” emphasizing the need to focus on policies that promote inclusivity and fairness for all individuals.
The announcement of the Youth Guarantee and Reeves’ stance on various issues reflects her commitment to creating a more inclusive and opportunity-driven society.
