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News - 1 March 2012

Deputy Prime Minister announces new proposals on youth unemployment.

This week, the Deputy Prime Minister Nick Clegg unveiled a scheme to get 16- and 17-year-olds who are out of work and not in education, earning or learning again.

As part of the Deputy Prime Minister’s Youth Contract, the Coalition Government will, for the first time, target funding to this group of teenagers through tailored support on a payment-by-results system.

Help will focus on at least 55,000 young people – those 16- and 17-year-old NEET’s (Not in Education, Employment or Training) with no GCSE’s at A* - C at the highest risk of long term disengagement. The Government is making £126m of new money available to give teenagers opportunities to train, work and get their lives on track.

Charities and businesses with expertise in supporting young people are being invited to bid for contracts worth up to £2,200 for every young person they help. Support will be tailored to suit individuals’ needs, and may include support to help them access and remain in education, training or an apprenticeship.
Unlike any past schemes for this age group, payment will depend on results. Organisations will receive an initial payment for taking young people on, followed by subsequent payments when they show progress – including remaining in education, undertaking apprenticeships, or holding down a job. To achieve the best results, the scheme will give total freedom to those providing support – as long as the end result is success for the young person.

Charities and businesses with expertise in supporting young people are being invited to bid for contracts worth up to £2,200 for every young person they help. Local authorities will be central to the success of the programme. They will work with successful providers to target those young people in their area who will benefit most, fitting this programme with other provision on offer locally.

Children and Young People's Minister Tim Loughton said:
“We are looking forward to receiving some innovative ideas that really work from experienced organisations in all sectors.”

The labour Party however said the scheme is "too small and much too late".
And the leader of the Nasuwt teachers' union, Mr Chris Keates, accused Mr Clegg of being responsible for an increase in NEET’s by scrapping the Education Maintenance Allowance.

Lavinia Newman of ABDS says:
“Almost one in five young people aged between 16 and 24 are classified as NEET’s - with the most recent figure standing at 1,163,000. We all hope this initiative will help their plight.”

If you need any help and advice on Schools and or Charities, contact ABDS to discuss how we can help.
ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds@netaccountants.net

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