Best thing we can offer young people is a job, not benefits, says chancellor — Live Feedhttps://www.live-feeds.com/feed/best-thing-we-can-offer-young-people-is-a-job-not-benefits-says-chancellorContinuously updated, source-cited coverage. Chancellor John Healey Pledges New Age of Industrialisationhttps://www.live-feeds.com/feed/best-thing-we-can-offer-young-people-is-a-job-not-benefits-says-chancellorhttps://www.live-feeds.com/feed/best-thing-we-can-offer-young-people-is-a-job-not-benefits-says-chancellor#u103220Mon, 05 Oct 2026 16:42:35 +0000Chancellor John Healey is pursuing a reindustrialisation strategy for the UK, placing a heavy focus on the defence sector. In his first speech as chancellor at the Labour conference, Healey announced a 6 billion pound plan for the Royal Navy and committed to building a research ship and Faslane dry docks within the UK. He argued that providing young people with a first job is more beneficial than offering welfare payments. While claiming the economy has turned a corner, Healey warned that the funding levels seen during the Blair era are no longer available.Why it mattersThis policy shift aims