DEVELOPING: Reeves Unveils Ambitious EU Youth Migration Plan Ahead of Budget Deadline

Breaking News: Reeves Unveils Ambitious EU Youth Migration Plan Ahead of Budget Deadline Chancellor Rachel Reeves has announced an "ambitious" plan for a youth migration scheme with the European Union, aiming to boost economic growth and improve public finances. The proposal, revealed just 10 minutes ago, comes ahead of the autumn Budget deadline. The key details are as follows: the UK will introduce a time-limited visa for young workers aged 18-30, allowing them to stay in the country for two years. Reeves believes this scheme will be "good for the economy, good for growth and good for business". This plan has been in the works since May, when the UK agreed to work towards a "youth experience visa" with the EU. However, the specifics of the scheme are still being negotiated. Reeves is pushing for the Office of Budget Responsibility (OBR) to factor the potential economic impact of this scheme into its forecasts ahead of the Budget. This could potentially reduce the need for spending cuts or tax rises. The proposal has been met with criticism from some quarters, including the Conservatives and Reform UK, who argue it amounts to a partial return to freedom of movement. This is a developing story, with further details expected in the coming hours and days as negotiations continue. *This is a developing story. Updates will be provided as more information becomes available. Based on reporting from Bbc.*