Caroline Flint
Main Page: Caroline Flint (Labour - Don Valley)Department Debates - View all Caroline Flint's debates with the HM Treasury
(14 years, 5 months ago)
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Mr Laws
I am grateful to my hon. Friend. I agree that there seems to have been a scorched-earth strategy as regards not only the state of the public finances but the way in which the Government were spending money at the end of their term. We are looking very closely at all the decisions that have been made, and we will be making further announcements shortly about the action that we will have to take.
Caroline Flint (Don Valley) (Lab)
I am firm believer that we should provide real opportunities and have employers at the heart of devising these schemes. What on earth is to be gained by taking away resources from the future jobs fund, which I understand means that there will be 80,000 fewer job opportunities working with employers around the country?
Mr Laws
We are maintaining the young person’s guarantee. I have to tell the right hon. Lady that the clear advice that we have had is that that particular part of the young person’s guarantee was simply not effective and was wasteful—that the proportion of expenditure that was being saved as a consequence of it was minor and the administration costs were huge. I would instead point out to her the real action that we are taking to help young people in these tough times, with an additional 50,000 apprenticeship starts. That will make a real difference and will be far more effective than the scheme that we are amending in order to save money, which frankly was simply not working.