Spring Forecast Debate

Full Debate: Read Full Debate
Department: HM Treasury

Spring Forecast

Lauren Edwards Excerpts
Tuesday 3rd March 2026

(1 day, 9 hours ago)

Commons Chamber
Read Full debate Read Hansard Text Watch Debate Read Debate Ministerial Extracts
Rachel Reeves Portrait Rachel Reeves
- View Speech - Hansard - - - Excerpts

The previous Government presided over a 113,000 increase in the number of young people not in education, employment or training, and the number of youth apprenticeships was cut by 40%. Why does the hon. Gentleman think that unemployment among young people is a challenge? It is because of the decisions that the previous Government made. That is why we are putting more than £800 million into a youth guarantee, it is why we are putting more money into further education—which his Government failed to do—and it is why we are expanding the number of youth apprenticeships. We recognise there is a challenge. The difference between our Government and the hon. Gentleman’s is that we are doing something about it, and they never did.

Lauren Edwards Portrait Lauren Edwards (Rochester and Strood) (Lab)
- View Speech - Hansard - -

I thank the Chancellor for her statement, and welcome the OBR forecast that unemployment will fall to 4.1% by the end of the current Parliament. No doubt that will have been driven by excellent policies such as the youth guarantee and the apprenticeship reforms. The NEET rate remains stubbornly high, though, so may I urge the Chancellor to target any additional headroom that may be available at helping more young people into work and training? Investing in young people is good for them, good for society and good for the UK’s finances, and it is also the best way in which to reduce our welfare bill in the long term.

Rachel Reeves Portrait Rachel Reeves
- View Speech - Hansard - - - Excerpts

This Government are investing in young people, by ending the two-child limit, investing in further education—which was neglected by the last Government—and increasing the number of young people who can go on to study or take apprenticeships, and, indeed, through the youth guarantee, which is worth more than £800 million. As I said in my statement, though, we want to do more to tackle the legacy that we inherited from the Conservative Government to ensure that more young people have the opportunity of work, training or a college place.