Summer economic update: State to pay more pension contributions under Kickstart Scheme

In his Summer Statement today (8 July), chancellor Rishi Sunak announced the launch of a Kickstart Scheme to "give hundreds of thousands of young people the best possible chance of getting on and getting a job". The scheme will pay to create jobs for any 16-to-24-year old "at risk of long-term unemployment" with initial government funding of £2bn, but no cap has been set.  It will be available to any employer of any size, with applications opening next month and the first young people set to begin in their jobs in the autumn. The jobs must be "decent jobs" granting employees a mini...