‘Tax bankers to pay for jobs for young’ - MP

TAX CALL ... Jarrow MP Stephen Hepburn.
TAX CALL ... Jarrow MP Stephen Hepburn.

JARROW MP Stephen Hepburn has called for a tax on bank bonuses to fund jobs for young people.

Under Labour’s Compulsory Jobs Guarantee plan, every young person out of work in South Tyneside for more than 12 months will be given a paid starter job which they will have to take up or lose their benefits.

He says that, if Labour’s Compulsory Jobs Guarantee were introduced today, 195 young people would benefit in the Jarrow Constituency and 4,845 would be helped in the North East.

Mr Hepburn said: “Under David Cameron’s government, too many young people in our area are struggling to find work and not seeing any economic recovery at all.

“Labour’s Compulsory Jobs Guarantee will get young people off benefits and into work.”