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Best thing we can offer young people is a job, not benefits, says chancellor

John Healey's speech comes ahead of next month's Budget, as he faces pressure to bring down government borrowing costs.

BBC Business•

John Healey and cabinet ministers from the other great offices of state gave speeches at Labour Party conference on Monday

The chancellor has warned against allowing Britain's benefits bill to balloon while not offering young people opportunities.

John Healey told Labour's annual conference in Liverpool that cutting welfare spending was "more than an economic must - it's a moral duty".

"It is not progressive to allow a bigger and bigger benefits bill, and a system which offers an income but doesn't offer a future," he said.