The Tories today vowed to give young people £5,000 towards the cost of their first home - but only if they get a job.
Shadow chancellor Sir Mel Stride unveiled the plan to 'reward work' in his speech to the Conservative conference in Manchester this morning.
Under the proposals, a 'first-job bonus' would divert young workers' National Insurance payments into a long-term savings account.
The Tories said the arrangement could be worth £10,000 for a working couple, with 600,000 people a year potentially benefiting.
The money could be used at any time to purchase a property, or withdrawn after a minimum of five years.








