Just yesterday, we announced the 90 companies that will benefit from the start-up funding of £25 million, which was announced early in the pandemic period in order to ensure that we are growing the companies and jobs of the future. We will align with sectors of growth for the future, particularly on the tech side in information technology and with a focus on green jobs. That focus of our alignment, working with the 21 developing the young workforce partnerships, will help us to ensure that the package on offer and the jobs available meet the market for the future.
I gently point out that fewer young people would be facing difficulty and redundancy had the UK Government maintained the furlough scheme from the summer period. A significant number of young people will have been made redundant in previous months pending the cut-off of furlough. I welcome today’s decision that they can be taken back on and receive furlough going forward. However, I recognise the need to align the young persons guarantee and job opportunities with the industries that have that capacity and need. Let us try to ensure that we prevent young people from becoming unemployed in the first place, but also create opportunities in new and developing sectors.