Wes Streeting calls for employer NI cuts and North Sea drilling to boost youth employment
By
Helena Horton
Crusty in the right places. Worth the chew.
Summary
Wes Streeting, a former health secretary and potential Labour leadership candidate, has called for targeted reductions in employers' national insurance contributions to incentivize hiring, particularly of young people. He also supports continued oil and gas drilling in the North Sea. This follows a report by former cabinet minister Alan Milburn linking high youth unemployment to a lack of hospitality jobs, noting that hospitality vacancies have halved.
Key quotes
· 3 pulledWes Streeting has backed calls for national insurance cuts for businesses, and for the government to drill for oil and gas in the North Sea.
There should be a 'targeted reduction' of employers' national insurance contribution as a way to 'actively incentivise' hiring, particularly of young people.
A report this week by the former cabinet minister Alan Milburn said a lack of hospitality jobs was contributing to high youth unemployment in Britain.
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