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Talking Point - How will policies announced in the Budget affect young people?

1 min read Youth Work
The Budget provides an opportunity for youth workers to discuss issues relating to young people's economic wellbeing. Start a group discussion about managing money.

Britain is in the financial mire as public borrowing reaches record levels. In last month's Budget, Chancellor Alistair Darling was forced to reveal the dire state of the economy, with the UK having to borrow a record £175bn to make ends meet.

Economic wellbeing of young people is one of the central planks of the Every Child Matters agenda and this latest financial story can provide a good hook for youth workers to engage young people in discussing money matters.

A cut in VAT, a multimillion-pound bailout of the banks and a tax increase for high earners are some of the policies the government is using to tackle this economic crisis. But what alternative policies can young people come up with?

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