The two nations hope to clinch a deal before Britain’s transition out of the European Union concludes at the year end, to avoid any gaps in bilateral trade arrangements.
The 2 billion pound Kickstart Scheme will enable employers to hire unemployed young people aged 16-24, using government funds to pay them the national minimum wage for 25 hours a week.
Sunak is expected to focus Wednesday’s announcement mostly on countering a jump in unemployment — which the Bank of England has said could soar to 1980s levels of around 10% or more.
Business confidence rose by three percentage points to its highest level since March but remained deeply in negative territory at -30%, the survey showed.