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Exclusive: Young people would be given a £5,000 national insurance rebate towards the cost of their first home when they get their first full-time job under Conservative plans to ‘reward work’ Sir Mel Stride, the shadow chancellor, will announce proposals for a ‘first-job bonus’ that would divert national insurance payments into a long-term savings account. For a working couple the bonus would be worth £10,000 The plans would benefit 600,000 people a year, and the Conservatives say the £2.8 billion cost would be funded by cutting government spending, including ending sickness benefits for milder mental health conditions and banning half a million foreigners from accessing the welfare state The policy represents the Conservative Party’s first major offer to young people as Kemi Badenoch attempts to revive her political fortunes. At the last election people in work deserted the party, and the age at which the average voter switched to the Conservatives rose to 63, up from 39 in 2019 thetimes.com/article/441070e…