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U.K.’s Sunak Focuses on Jobs With $2.5 Billion for Young Workers

  • Government will fund six-month work placements for the young
  • Measure to be announced in chancellor’s economic stimulus plan
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Sunak’s Plan to Kickstart U.K. Jobs
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Chancellor of the Exchequer Rishi Sunak is set to unveil a 2 billion-pound ($2.5 billion) program to pay the wages of more than 200,000 young workers as he tries to pull the U.K. economy out of the deepest slump in centuries.

It will be the centerpiece of the government’s three-point plan to protect, support and create jobs, the Treasury said in a statement late on Tuesday.