Number of young people in UK not in education, employment or training hits one million, figures reveal, as fears of a ‘lost generation’ rise – business live

Rolling coverage of the latest economic and financial news, as number of UK ‘Neets’ hits 12-year high Number of Neets in UK could hit 1.25m by early 2030s, Mil…

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Number of young people in UK not in education, employment or training hits one million, figures reveal, as fears of a ‘lost generation’ rise – business live Rolling coverage of the latest economic and financial news, as number of UK ‘Neets’ hits 12-year high Number of Neets in UK could hit 1.25m by early 2030s, Milburn review will say Elsewhere this morning, Labour has adopted regulations intended to prevent local councils from going bust after they make risky investments that jeopardise their finances. Ministers will be handed powers to intervene that have been dormant since 2003, the ministry of housing, communities and local government (MHCLG) said. “In Woking, Thurrock, and other councils we’ve seen poor investment decisions leaving taxpayers footing a big bill. “We can’t afford to wait until a council is on the brink of collapse to act. That’s why we want to bring in new powers so…

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