Conservatives to pledge £5,000 tax rebate for young homebuyers

Conservatives at UK conference announce a £5,000 tax rebate for young homebuyers to be funded by public spending cuts in welfare, civil service, and aid budget areas. Shadow chancellor Mel Stride proposes diverting national insurance payments to savings accounts for first-time job entrants. The Conservatives aim to counter Reform UK's political threat and emphasize fiscal responsibility, challenging Labour's housing reforms and proposing reductions in welfare, civil servant numbers, and overseas aid. Controversial proposals include ending benefits for certain groups and public spending cuts, sparking criticism and debate.