Chancellor extends youth training guarantee

The chancellor has announced that unemployed young people will have to wait only six months to be guaranteed a work or training placement, rather than a year.Alistair Darling revealed extra government support for every 18-to-24-year-old out of work in his pre-budget report today.
 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission