Government will pay towards six months of wage costs to help young jobless Brits
has put tackling youth unemployment at the top of the Government’s recovery plan. It follows dire forecasts from experts predicting more than a million youngsters will be out of work this year.
An initial £2billion has been put aside for the scheme but the Treasury said it will increase the budget if there is high take-up. Economic growth plunged by 20 per cent in April alone, but the Bank of England now believes a quick “V-shaped” recovery is likely.
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