directors

Labour jobs plan attacked by the wealthy who would pay for it

Tue, 11/03/2014 - 12:35 -- nick

The Labour party's plan to guarantee a job for every young person who had been unemployed for more than a year has come under attack - by the Institute of Directors.

The IoD represents some of the wealthiest people in the UK, and they will have pension allowances cut to pay for part of the scheme.

The rest of the money will come from a levy on bankers' bonuses.

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