The Conservatives would give young home buyers a national insurance discount of £ 5,000 to help with their first house purchase as part of a plan to “reward work”.
In an attempt to win younger voters, Shadow Chancellor uses Sir Mel stride his conference halls to advertise “First Jobbonus”.
His plan will see that the national insurance payments were originally tied to a savings account which can then be deducted when buying a property, The times Reported.
Tories claimed it would help 600,000 people a year, with costs of $ 2.8 billion. Pounds financed by a wider plan to reduce the benefits of benefits and carried foreigners from receiving welfare payments.
In his speech, Sir Mel will say: “When we deliver the urgent change that is down to stop young people who go straight from school to a life of benefits, we will use the reforms to finance tax cuts that are laser -focused on hopeful young people.
“Help people buy a home, build a family, save for the future. It’s the conservative dream. A dream that builds my life. That’s why I’m standing in front of you today and I fight every single day to make this dream burn candles for future generations.
“Opportunity, aspiration, optimism. We are the party party. We are the party of the future.”
Minister of Government Miatta Fahnbulleh dismantled Sir Mel’s plans as “useless”.
The Minister of Society said to Times Radio: “I am struggling to take everything Tories says seriously.
“They had 14 years in power, and during that time they categorically failed to deal with the housing crisis. They broke every appearance of our public world.
“So they can chuck out all the ideas they like. They had their shots, and they absolutely messed it.”
The Conservatives have promised to save £ 47 billion. Of taxpayers’ money with a number of cuts to welfare, foreign aid and social housing if they return to the government at the next election.
Sir Mel will say that the country cannot “continue to spend money we simply do not have”.
A significant £ 23 billion Of these savings are planned for original from welfare reforms. These include plans to replace payments for people with “low-level” mental health conditions with treatment programs along with measures to prevent non-citizens from demanding state aid.
In addition, Sir Mel is set to commit his party to reverse any potential change of two-child performance capital, a police that is largely expected to be exposed to abolition next month’s budget.
Sir Mel, who promised to “never, ever enter into tax obligations without spelling exactly how they will be paid for,” Sir Mel will say, “We are the only party to get it. The only party that will stand up for fiscal responsibility.
“We need to get on top of public spending. We cannot deliver stability unless we live within our funds.”
He will commit his party to reduce the numbers in the civil service by about a quarter, save $ 8 billion. Pounds and reduce aid expenses by £ 7 billion To 0.1 percent of the national intake.
Under David Cameron, the Tories introduced a goal of using 0.7 per day. Hundreds of national income on overseas assistance, which was reduced to 0.5 per year. Hundred follows the pandemic and then cut again by the current work government to 0.3 percent to pay for larger defense.
The Conservatives will also promise to reduce the cost of social housing and argue that there will be less demand for it when non-citizens are prevented from receiving advice advice.
After promising to abolish the Climate Change Act, Sir Mel will also establish plans to reduce green expenses, include subsidies for heat pumps and electric vehicles.
The proposals have been weelcomed by the Institute for Economic Affairs (IEA), but the think tank warned that they ignored the “elephant in space” about age -related expenses as pensions.
Earlier this year, Office for budget responsibility warned pensions Triple Lock, which remains conservative politics, wow proven “unsustainable” in the longer term.
Tom Cloudherty, IEA’s CEO, said: “Ultimately, no political party will only be able to balance the books by cutting things that their supporters do not like.
“Long -term fiscal sustainability requires us to construct another course for the cost of thought, social care and old emergency. Without it, other cuts are likely to love to run to stand.”