Economic Update

Part of the debate – in the House of Commons at 1:03 pm on 8th July 2020.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer 1:03 pm, 8th July 2020

The right hon. Lady knows this area well, and I enjoyed reading of and learning from some of the things she did at that time. In terms of a guarantee, what we have put in place is a comprehensive suite of interventions. She will know from the evidence that we want to encourage young people into work or some kind of work-based training. In the hierarchy of interventions, that should come first. However, we do have a classroom-based offer. She will have heard me talk about increased funding for level 2 and 3 training for school leavers especially, if they cannot avail themselves of traineeships, sector-based work academies or other interventions. More broadly, I would be very happy to sit down with her to get her advice and thoughts on how we can ensure that the kick-start scheme is as successful as it can be.