Andy Burnham is considering giving billions of pounds in tax relief to young people so they can save for a house deposit as part of a major package of policies aimed at helping Gen Z voters.
Allies of the prime minister-in-waiting say one potential plan would involve exempting young people from paying income tax for the first three years of full-time employment. The move, which could cost up to £3.5bn, would give young people a chance to build up savings, helping them qualify for a mortgage.
