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Youth Unemployment and Bank Bonuses

My hon. Friend speaks passionately about his region in the north-east, and I know he does a huge amount of work for businesses, young people and families in his constituency. The reality is that northern towns and cities are paying a particularly high price for this Government's policies. In my city of Leeds, the local authority is losing more than 25% of its grant over the next four years. As a result, more people are losing their jobs and fewer services can be provided. It is people in the poorest areas who are paying the highest price for this Government's policies.