Financial support to subsidise the cost of hiring younger workers could be offered to businesses under plans being considered by ministers, The i Paper understands.

The idea is that it would get more young people off benefits and would cost the Government less in tax breaks than it would in welfare payments.

Tax incentives are already available for employees hiring under-21s and officials are now looking at proposals that could see a similar exemption to include those up to the age of 24. Employers already get national insurance relief for apprentices under the age of 25. New Feature

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National Insurance Contribution (NIC) relief allows employers to be exempted from the levy for younger staff members earning under £50,000, or appre

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