FOLLOWING Rishi Sunak, The Chancellor of the Exchequer's, 'mini-budget' announcement yesterday the North East Local Enterpirse Partnership has welcomed the pledge of £30bn to save jobs and proposals to support the labour market.
Richard Baker, Head of Strategy and Policy for the North East Local Enterprise Partnership (LEP), said: “The Chancellor is right to be focusing on stimulus and recovery at this stage.
"This series of proposals will support the labour market and key sectors and provide much needed opportunities to transition towards a greener economy in the future.
“The steps taken to support the hardest hit sectors, especially hospitality and tourism, are particularly welcome, as is the Kickstart scheme, which will provide opportunities for young people to gain experience and build confidence and skills in the workplace, improving their chances of going on to find long-term sustainable work.
“We have set a three-stage plan for recovery and renewal for the North East and will be continuing to talk with Government about further investment for the region.”
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