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Building Britain's Future

You want to look at his antecedents, my Lords. They are very interesting and noble Lords will understand where he gets all his good ideas from. However, the price tag comes into the question. As my honourable friend Vince Cable pointed out the other day, we are dealing with a Government with rising debts and falling revenues, yet here they are today signing blank cheques and spending money like there is no tomorrow. It is very dubious. I feel strongly about youth unemployment. I saw a forecast by the Centre for Cities that stated that the number of young people who have been out of work for a year or more will almost treble by 2011. We will look at this commitment very carefully because one of the biggest dangers we face is a generation that is either unemployed under 25 or saddled with debt under 25. Coming from a generation that benefited greatly from state support, I think that is a bad legacy to give this generation in the 21st century. On Lords reform—