David Miliband to speak at CBI employment event
Labour MP to give keynote address at Action for Jobs Summit – where Greggs chief and CBI director-general will also take stage
'The current levels of youth unemployment are a timebomb under the nation’s finances'- David Miliband
David Miliband, the Labour MP and former foreign secretary, is to address the CBI’s Action for Jobs Summit in June.
He will give a keynote speech at the Royal Society in London, at an event where senior politicians and businesspeople will meet to discuss ways to improve the UK’s employment situation.
Mr Miliband spoke at the Acevo Commission on Youth Unemployment report launch in February, when he said: “The current levels of youth unemployment are a timebomb under the nation’s finances.
“Research for the commission shows us that youth unemployment doesn’t just cost money now – the long-term youth unemployed work less and earn less in the future, to the tune of 2 months a year or £1,800-£3,300 a year, after they are 25.”
Also appearing at the June 27 event will be the Ingeus CEO, Dean James, who will feature in a panel debate focused on the CBI’s Getting the UK Working campaign.
The CBI director-general, John Cridland, will give the opening address, and break-out sessions will include contributions from Paul Drechsler, the Wates Group CEO; the Working Links commercial manager Matthew Freeman; the Midas Group chairman, Steve Hindley; and Steve fox, the BAM Nuttall CEO. The CBI chief policy director, Katja Hall, will deliver the closing comments.