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Chancellor pledges £500m for youth fund.

Chancellor of the Exchequer, Sajid Javid, has announced that £500m will be made available over the next five years for a new youth investment fund.

Speaking at the Conservative Party conference, Javid provided detail for his public spending package for 2020/21 announced in September which will go some way to reverse the cuts seen to youth services since 2010.

The fund will be available to help build new youth centres, refurbish existing facilities and to provide mobile units to be used in harder to reach areas.

It will also aim to support the provision and coordination of high-quality services for young people and an investment in the youth workforce.

Javid said: "We need to do more to level the playing field between regions and generations and give all young people the very best start in life”.

"This ambitious £500m programme will roll out youth centres and services right across the country, helping millions more young people get on the conveyor belt to a better life and a better career."

The announcement has been broadly welcomed by local authorities.