NatWest has committed to connecting more than 10,000 young people with job opportunities, work experience, training, and entrepreneurship support over the next two years through a new initiative called the "Youth Offer." The program will initially launch pilot projects in Greater Manchester and the East Midlands before expanding nationwide.

The bank plans to leverage its extensive network of over 55,000 client businesses to create roles tailored to applicants’ locations. Companies such as Polyflor, Northstone Homes, and Permanently Unique restaurant group are set to participate in the scheme. Additionally, NatWest will establish a Young Founders Community aimed at individuals aged 18 to 25 who are interested in starting or developing a business. This community, set to begin in January, seeks to support the significant number of teenagers—42 percent according to NatWest research—who express interest in launching a business or pursuing a “side hustle” alongside other work.

Paul Thwaite, NatWest’s chief executive, emphasized the importance of providing equal opportunity regardless of geographical location. He said the bank aims to use its national presence and longstanding business relationships to help young people access opportunities closer to home and build essential skills, experience, and connections for their careers.

Local political leaders have voiced support for the initiative. Bev Craig, mayor of Greater Manchester, described the program as a valuable investment in youth, highlighting the role of employers in providing clear pathways from education to rewarding careers. Separately, Andy Burnham, mayor of Greater Manchester, has expressed concern about the increasing number of young people not engaged in education, employment, or training. He has described the situation as both an economic and moral challenge and has pledged to address the issue.

The effort aligns with a broader focus on youth employment, including ongoing investigations into welfare and employment dynamics. The commitment by NatWest forms part of a wider drive to assist young people in securing work and developing sustainable careers at a time when many face economic uncertainty and barriers to entry in the job market.