"The Chancellor has promised that the 1700 primary schools who do not have a library will have one before the end of this government, but she has not explained where the funds for this will come from or the mechanism for schools to access them. It is the same story for the 1.5m social houses she wants built and the £29bn that will be given to the NHS."
"Her plans for young people are a guaranteed place in college, an apprenticeship, or one or one support for jobs, and for those who have been out of work for 18 months, a paid work placement. This sounds good on paper, but how is this financed and what are the costs? What are the plans to make this actually happen?"
"The youth mobility agreement with Europe is another headline grabbing statement, but Rachel Reeves has not explained how this will work. Is the EU expected to pay for this? Will employers? Without knowing who will foot the cost it is hard to know how realistic and beneficial this idea will be. Rachel Reeves has repeatedly talked about working people and building a fairer Britain, but she has left us all in the dark as to who will pay for her vison."
Proposals include libraries for 1,700 primary schools, 1.5 million social homes, a £29bn allocation to the NHS, guaranteed education or employment options for young people, paid placements for the long-term unemployed, and a youth mobility agreement with Europe. No specific funding sources, cost estimates, or access mechanisms are provided for any proposal. Key questions remain about who would fund each measure—government, employers, the EU, or others—and how schools and local bodies would obtain resources. Without fiscal detail or implementation plans, the feasibility and expected benefits of the measures remain unclear.
Read at London Business News | Londonlovesbusiness.com
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