On 19 January 2015, Cameron called for Britain to overtake Germany by becoming a nation of “full employment”. He intended for Britain to have the highest percentage of people in work of any developed nation. This coincides with chancellor George Osborne’s claims that the UK could replace Germany as the largest economy in Europe by 2030.This would involve the UK, currently at 72 per cent in terms of people in work, overtaking Germany’s 74 per cent. The prime minister said full employment would mean that “anyone who wants a job is able to get a job in our country”. Previously outlined in his Conservative manifesto, Cameron pledged to increase the number of startup loans provided by the government to 75,000. The loans provide about £5,000 to young entrepreneurs founding a business. He claimed that it had been a “tough few years”, but that “we haven’t solved all Britain’s economic problems, but the plan is working”. Now under a Full Employment and Welfare Benefits Bill, announced during the Queen’s speech, ministers will be required to report on job creation and apprenticeships on an annual basis. The aim is for two million more jobs and three millino apprenticeships to be created. Unemployment has been falling, with the industry still voicing concern about youth joblessness. Read more on the new government:
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