{"id":455433,"date":"2025-09-27T13:25:15","date_gmt":"2025-09-27T13:25:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/455433\/"},"modified":"2025-09-27T13:25:15","modified_gmt":"2025-09-27T13:25:15","slug":"labour-seeks-ambitious-youth-mobility-scheme-with-eu-politics","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/455433\/","title":{"rendered":"Labour seeks \u2018ambitious\u2019 youth mobility scheme with EU | Politics"},"content":{"rendered":"

Labour will seek an \u201cambitious\u201d youth mobility scheme with the EU, allowing thousands of young Europeans to temporarily live and work in the UK, Rachel Reeves<\/a> has said.<\/p>\n

The chancellor told the Times<\/a> the scheme would be \u201cgood for the economy, good for growth and good for business\u201d, but stopped short of specifying who would be eligible.<\/p>\n

A scheme that would allow hundreds of thousands of 18- to 30-year-olds from EU countries to live and work in the UK, and vice versa, has been a key European demand<\/a> in reaching an economic deal with Britain.<\/p>\n

Reeves said the exchange scheme would allow \u201cyoung people in Britain to be able to go and work, to travel, to volunteer, to gain experience, to learn languages in European countries\u201d.<\/p>\n

\u201cAnd we want young people from those European countries to also be able to come to the UK and have the same opportunities that my generation had to travel, work and study in Europe,\u201d she said.<\/p>\n

The chancellor also called on the Office for Budget Responsibility to \u201cscore both the improved trade relationships that we\u2019ve negotiated and this youth experience scheme\u201d in its economic forecasts.<\/p>\n

Reeves\u2019s remarks come in the lead-up to Labour\u2019s annual party conference<\/a> this weekend, as well as her crunch November budget, in which she faces the prospect of having to find up to \u00a330bn in tax rises or spending cuts.<\/p>\n

Despite the bleak financial outlook in the run-up to the budget, the chancellor ruled out the option of a wealth tax. \u201cIf you look around the world, and countries that do have wealth taxes, they tend not to have other taxes, like inheritance tax and capital gains tax,\u201d she said.<\/p>\n

\u201cThose taxes bring in a large amount to the UK exchequer, and I don\u2019t want to risk the revenues from those with an experiment on something different.\u201d<\/p>\n

She also hit back at economic proposals laid out by Andy Burnham, the Labour mayor of Greater Manchester, who has been touted as a potential successor<\/a> to Keir Starmer.<\/p>\n

Burnham said the UK should not be \u201cin hock\u201d to bond markets<\/a> as he outlined measures that he believed a Labour government should pursue, including a big council housebuilding programme and the nationalisation of utilities paid for with a rise in taxes on the higher paid, a charge on expensive London homes and \u00a340bn of extra borrowing.<\/p>\n

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Reeves likened the proposals to those espoused by Liz Truss, whose term as prime minister ended after her catastrophic \u201cmini-budget\u201d.<\/p>\n

\u201cThe government then took a huge gamble, an experiment on the British economy,\u201d Reeves said. \u201cAnd as a result interest rates went through the roof, mortgage costs went through the roof. Pensions were put in peril. The cost of government borrowing shot up too.\u201d<\/p>\n

While admitting she would like to be \u201cless in hock to bond markets\u201d, she added that \u201cthe reality is that we rely on those bond markets and those people participating in them to buy our debt\u201d.<\/p>\n

Speaking to the Financial Times<\/a>, Burnham argued that his remarks on bond markets had been \u201cdeliberately misinterpreted\u201d. He said: \u201cThis is about a long-term approach to regaining stronger public control of essential services, re-establishing a tighter grip on the public finances and reassuring the markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Labour will seek an \u201cambitious\u201d youth mobility scheme with the EU, allowing thousands of young Europeans to temporarily…\n","protected":false},"author":2,"featured_media":455434,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,299,5187,1699],"class_list":{"0":"post-455433","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-europe","10":"tag-european","11":"tag-european-union"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115276488612714006","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/455433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=455433"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/455433\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/455434"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=455433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=455433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=455433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}