Economic Update

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

Alert me about debates like this

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

My right hon. Friend is absolutely right about the impact on young people. They are two and a half times more likely to work in a sector that has been closed down. She is right, and we know that apprenticeships work: the evidence points that way. What I can tell her is that, starting in September, employers will be paid £2,000 for every young apprentice that they take on, a bonus that will incentivise them to create more apprenticeships at this time of vital need.