The Conservatives will set out plans to "reward work" by giving young people a £5,000 tax rebate towards their first home when they get their first full-time job.
In his speech to the party's conference in Manchester, shadow chancellor Mel Stride is expected to announce proposals for a "first-job bonus" that would divert National Insurance payments into a long-term savings account.
The party says the plans will be funded by cuts to public spending worth £47bn over five years in areas such as welfare, the civil service and the foreign aid budget.
In a speech on Monday, Sir Mel is expected to say that there is "no more pretending we can keep spending money we simply do not have".
Proposals include stopping welfare claims for people with "low-level mental health problems" and reducing the number of civil servants by around 132,000 to bring it back to 2016 staffing levels - a pledge made under Boris Johnson.
