Graduates delay business ideas - graduate jobs

The Government affirmed its commitment to harnessing the entrepreneurial spirit of graduates as it was revealed that many young people are delaying implementing their business idea.

Young people are choosing to hold off from doing anything about their ideas until the end of the recession, a report from the Prince's Trust said. A study of 1,720 people aged 18-30 revealed a motion for the government to do more to help young people into self-employment.

More than half of the people surveyed said that job centres and careers advisors gave insufficient information on self-employment, while two thirds complained schools and colleges provided little or no guidance.

"Our economy needs fresh input and young inspiration. The recession should not mean putting the brake on creativity," said chief executive of The Prince's Trust Martina Milburn. "It is fantastic that so many young people are having ideas. Now it is vital we provide these entrepreneurs with the support they need to make their businesses work."

A Business Department spokesman said: "As we move towards the upturn it will be the skills and talents of our young people that will give us and them the competitive edge we need to help build a stronger Britain."