Youth Unemployment and Bank Bonuses Debate

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Department: HM Treasury

Youth Unemployment and Bank Bonuses

Andrea Leadsom Excerpts
Monday 23rd January 2012

(12 years, 3 months ago)

Commons Chamber
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Rachel Reeves Portrait Rachel Reeves
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My hon. Friend speaks for the many families and young people in all our constituencies who are experiencing a crisis, and I give him credit for recognising their challenges.

Andrea Leadsom Portrait Andrea Leadsom (South Northamptonshire) (Con)
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Does the hon. Lady feel at all positive about the Government’s steps to create new apprenticeships for young people to get them into real jobs that will endure?

Rachel Reeves Portrait Rachel Reeves
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The reality is that the Office for Budget Responsibility has examined all the Government’s plans and predicts that unemployment will continue to rise all the way through this year, and the OECD predicts that it will rise next year as well. That is their verdict on the Government’s economic policy.