Budget · 4 hours ago

Under-25s get a first-home savings bonus, but no jobs or student loan help

John Healey's Budget announces a 3.9% minimum wage hike for 18-to-20 year-olds, reaching £11.27 an hour, and a minimum of £13.21 an hour for those over 20, effective next April. Starting in 2029, a new Isa for first-time homebuyers will provide a 25% government contribution on annual savings up to £4,000.

By BriefTea Editorial · 29 October 2026 at 7:44

Reported by BBC · How we write briefs

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