{"id":277776,"date":"2026-03-15T10:51:42","date_gmt":"2026-03-15T10:51:42","guid":{"rendered":"https:\/\/dominiclevent.com\/blog\/?p=277776"},"modified":"2026-03-15T10:51:42","modified_gmt":"2026-03-15T10:51:42","slug":"labour-to-give-firms-cash-in-bid-to-undo-benefits-rise","status":"publish","type":"post","link":"https:\/\/dominiclevent.com\/blog\/labour-to-give-firms-cash-in-bid-to-undo-benefits-rise\/","title":{"rendered":"Labour to give firms cash in bid to undo benefits rise"},"content":{"rendered":"


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Labour’s Pat McFadden will deliver a speech on welfare on Monday. (Image: PA)<\/figcaption><\/figure>\n

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The Labour government is set to hand businesses cash to hire benefits claimants in a bid to lower the number of under-25s not in education, employment and training, otherwise referred to as \u2018Neets\u2019.<\/p>\n

Pat McFadden, the work and pension secretary, will unveil a new \u00a33,000 subsidy scheme\u00a0 for employers taking on young people who have not been on Universal Credit for more than six months, it has been reported<\/a>.<\/p>\n

McFadden is set to announce a string of new incentive policies for small and medium-sized businesses on apprenticeships while Labour\u2019s jobs guarantee programme will also be extended for young people.<\/p>\n

The youth job guarantee scheme will be offered to around 40,000 more people, according to The Telegraph, with the current design of the initiative suggesting that 350,000 \u201ctraining or workplace opportunities\u201d will be made available.<\/p>\n

The growth and skills levy, which faced criticism under the previous Conservative government over the poor usage of funds, is also expected to be overhauled, as Labour promised in its manifesto.<\/p>\n

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