Wes Streeting proposes employer NI cuts and North Sea drilling to tackle youth unemployment
By
Helena Horton
Lightly toasted, lightly seasoned, mostly correct.
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, especially of young people. He also advocates for continued oil and gas drilling in the North Sea. The proposal comes amid a report by former cabinet minister Alan Milburn linking a lack of hospitality jobs to high youth unemployment in Britain, noting that hospitality vacancies have halved.
Key quotes
· 3 pulledWes Streeting has called 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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