Business
Ministers promise 50,000 new apprenticeships in bid to tackle youth unemployment
Sir Keir Starmer is set to announce a major investment in apprenticeships on Monday in an effort to tackle rising youth unemployment.
Some 50,000 young people are expected to benefit from the £725 million investment, in which more apprenticeships will be created in sectors including AI, hospitality and engineering.
The Government is aiming to reverse a decline in the number of young people starting apprenticeships, which has fallen by almost 40% in the past decade.
The Prime Minister has also expressed his desire to see apprenticeships treated with the same respect as degree courses.
At this year’s Labour party conference, he said he wanted to see two-thirds of young people study for a degree or an apprenticeship.
Sir Keir said: “For too long, success has been measured by how many young people go to university. That narrow view has held back opportunity and created barriers we need to break.
“If you choose an apprenticeship, you should have the same respect and opportunity as everyone else.”
Sir Keir will mark the announcement with a visit to McLaren’s technology centre near Woking, in Surrey on Monday, where he will meet apprentices and other young people at the start of their careers.
McLaren, whose driver Lando Norris won the Formula 1 championship on Sunday, employs 84 people in its early careers scheme and is developing apprenticeships in a range of areas to increase that number.
The funding, which covers the next three years, includes a commitment to fully fund apprenticeships at small and medium-sized businesses.
It also includes £140 million for regional mayors to link young people not in employment, education or training (Neet) with local apprenticeships.
Ministers have been especially concerned with the rising number of young people classed as Neets, which experts suggest is on course to exceed one million for the first time since the aftermath of the 2008 financial crisis.
On Sunday, Work and Pensions Secretary Pat McFadden announced an £820 million investment in tackling the Neet problem, including more training and guaranteed jobs for long-term out-of-work young people.
He said: “This funding is a downpayment on young people’s futures and the future of the country, creating real pathways into good jobs and providing work experience, skills training and guaranteed employment.”
The Government is also expected to set out its national youth strategy this week.
Speaking to the BBC’s Sunday With Laura Kuenssberg, Mr McFadden said young people had “not had a good enough deal” in areas such as housing and employment.
He said: “Young people do need a better deal. They need a Government that believes in them.”
Business
Video: Skilled Foreign Workers Think About Leaving the U.S.
These highly skilled, highly educated foreign workers have been documenting the challenges of trying to build a career in the U.S. “If I don’t find a job, I have to leave the country.” “I sent out 907 applications.” “Have I ever truly relaxed in America?” They need an H-1B visa, which is given through a lottery system that allows U.S. companies to hire highly skilled international professionals for up to six years, in industries like tech and medicine. But the Trump administration has made changes to the program, requiring companies to pay a high fee and enforcing new rules that prioritize higher-paid foreign workers, in an effort to make more jobs available to Americans. This has forced some foreigners to rethink their career plans. “I think the U.S. is still the golden standard.” Wen-Hsing Huang came to the U.S. from Taiwan in 2022 for the tech scene, and was hired by Amazon on an H-1B visa. “I want to use my talents to change the world, and I think the United States was the best platform to do that.” Ananya Joshi came from India to attend a master’s program in Chicago in 2022. “So it was actually my my father’s dream that I had inherited because my father couldn’t go because of his financial situation.” Haina, a Chinese national, fell in love with the U.S. while studying in New York. She got her H-1B in 2022. “I remember there were a lot of companies, they would be able to sponsor.” Haina said she’s experienced a recent shift, where it has become harder to find companies that sponsor H-1B visas. “This time when I was job searching, I didn’t realize it could be a deal breaker. I just had my second interview of 2026, and it was a pretty short call.” (Recruiter) “I don’t think we’re eligible or able to do sponsorship for this role at the moment.” “They don’t even really get to know if I’m qualified, am I experienced, or anything. The decision is already made at that point.” “Please, please make sure that the company you’re about to work for has experience handling international hires.” Joshi said a start-up she interned with during grad school rescinded their promise to sponsor her H-1B visa. “Ask for everything in writing. And then there were jobs that were contract jobs. They would just reject me. They would only need people with a green card or a U.S. citizenship.” Even with an H-1B and a six-figure salary, Huang said he felt himself becoming anxious, as tech layoffs ramped up and Trump’s immigration policies kept changing. “I woke up every morning with this knot in my stomach, because my entire life depended on the policy I couldn’t control. The United States seems not very welcoming to immigrants that contribute to this country.” “The signals are, like, pretty clear at this point. They want to make this H-1B, is, like, risky and also, like, harder.” Hello, everyone.” Despite that, Haina says she’s determined to keep looking for a job until she’s forced to leave the country. “The pressure about where I’m going to be in the next of my career or, like, my life. I sort of like lost the ability to enjoy my life or just be happy.” “So I had to leave the U.S. Of course, I expanded my search beyond the U.S. Found a job in Germany.” Joshi packed up her life and started a new role with a European biotech firm in January. “I think I left at a good time, because there would have been more stress. I would have been stuck in a loop.” “It’s an endless cycle of anxiety.” After quitting his job at Amazon, Huang is now back in Taiwan, planning to launch his own company. “To bet on building an A.I. company that gives me complete control over my time, location and future. Staying in the United States is no longer the only way to achieve my American dream.”
Business
Kerosene oil prices rises after petrol and diesel hike – SUCH TV
Following the recent surge in petrol and diesel prices, the government has announced another increase in the price of kerosene, further adding to the financial burden on consumers.
According to an official notification, the price of kerosene has been increased by Rs 34.8 per liter. With this latest adjustment, the new price of kerosene has reached Rs 467.48 per liter.
The notification states that the revised price has come into effect from today. Prior to this increase, kerosene was being sold at Rs 433.40 per liter.
The continued rise in fuel prices, including kerosene, is expected to significantly impact low-income households, particularly in rural areas where kerosene is widely used for cooking and lighting.
Business
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