UK FACT CHECK POLITICS
UK FACT CHECK POLITICS
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From: Budget 2026 live: Latest updates, analysis and fact checks

Government to pilot allowance covering new founders' living costs in England, BBC reports

The government will pilot a Young Entrepreneurs Allowance in England to help people starting a business with their living costs, BBC News reports.

According to the BBC, the allowance would partly cover living costs during a business's first year of trading. The BBC says it will be rolled out "shortly".

Details so far are thin. The BBC report gives no cost for the pilot and does not say who would be eligible. The Treasury has not confirmed the measure, and the report has not been independently checked.

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