PRINCE'S TRUST BUSINESS PROGRAMME 25th ANNIVERSARY

That this House recognises the need to inspire the next generation of British entrepreneurs to remain competitive in an increasingly uncertain global economic climate; warmly congratulates The Prince's Trust on the 25th anniversary of its Business Programme; notes that the Business Programme has supported more than 70,000 disadvantaged young people into businesses over the last quarter of a century, 58 per cent. of which are still trading into their third year; and acknowledges that this support costs £1 million per month, but that every £1 invested in the Trust's Business Programme generates £2 in return to the Exchequer and is hugely valuable to the UK economy.