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“YMCA welcomes positive steps for young people outlined in today’s Budget, particularly investment in the Youth Guarantee and the full funding of under-25 apprenticeships for SMEs, which will tackle the pressing rising rates of youth unemployment. These measures will help create clearer pathways into training and employment, supported by increases in the Living Wage and Minimum Wage for 18-to 20-year-olds.
“The landmark commitment to easing the financial ‘cliff edge’ of Housing Benefit and Universal Credit for those in supported housing is something we have long campaigned for, which will genuinely help get young people into work, alongside the work to cut average household bills, easing pressure for residents and housing providers alike.
“The reviews into youth provision and homelessness services are welcome, and we look forward to contributing our experience and insights. But these reviews will make it clear that there is a need for long-term investment with real cash investments to break down the barriers to opportunity.
“Additionally, the absence of progress on business rates relief for charities, and no uplift to early years funding rates for 3- and 4-year-olds, places further pressure on essential community services relied upon by young people and families daily.
“Overall, YMCA stands ready to work with the Government to turn ambition into action. With the right long-term investment in youth services, early years, employment support and housing, together we can ensure every young person has the chance to build a secure and hopeful future.”