Business Hiring
Debate between Baroness Ramsey of Wall Heath and Lord John of Southwark
Baroness Ramsey of Wall Heath (Lab)
We are not complacent. I hear what the noble Lord says. We have introduced permanently lower business rates for retail and hospitality properties. The average pub gains £1,650 this year, and that is in addition to increased hospitality support of over £10 million funding over the next three years. For young people in pubs and hospitality, we are introducing hospitality foundation apprenticeships.
Lord John of Southwark (Lab)
My Lords, I also congratulate my noble friend on her well-deserved appointment. Many of us will share the concerns about the number of young people—16 to 24 year-olds —not in education, employment or training at this time. She has already mentioned the Milburn review, but can she tell the House what she hopes the Milburn review will do to help that young cohort of our people so that their futures are not blighted?
Baroness Ramsey of Wall Heath (Lab)
Alan Milburn’s review has reported on an interim basis, and we are expecting the full report in September. This Government will not leave an entire generation of young people behind. We are investing an additional £2.5 billion into the youth guarantee and the growth and skills levy to support nearly 1 million 16 to 24 year-olds into work, education or training. Over the next three years, this investment will deliver up to 300,000 opportunities for workplace experience and training and will unlock up to 200,000 jobs through the £3,000 youth jobs grant to employers and the £2,000 apprenticeship hiring payment for SMEs.