Benefits and Jobs
Pensions Update 29 January 2026 on the PHSO Report Response
“Growing the economy is one of the essential duties of the Government, and the levy is a key part of ensuring that productivity is part of that agenda. The levy gives the opportunity to grow core industries and infrastructure, and to change our economy so that we become more environmentally sound, tackle climate change and have a cleaner economy, which is essential. Many of the jobs included in the levy help achieve that. Colleagues have already alluded to the more than 1 million NEETs that are in our communities, and we know that this issue can be tackled through the levy. As Liberal Democrats, we believe in working in partnership with employers and educationalists, and we know that this can be achieved through the levy. Torbay is one of five core areas of opportunity for electronics and photonics across the United Kingdom. Companies such as Bay Photonics and Gooch & Housego work in partnership with South Devon college to ensure that there is a pipeline of opportunities for young people in Devon. As Liberal Democrats, we warmly welcome the proposals before us.”