< img src="https://i.guim.co.uk/img/media/7d34d41d75323d6798ad4eb2f831a66c98cba392/0_0_1350_1080/master/1350.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&precrop=40:21,offset-x50,offset-y0&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&enable=upscale&s=b5f0db62d5627927511c84f515c037cb" alt ="" > A landmark government-backed report has warned that the UK risks a ‘lost generation’ of youths, as brand-new figures reveal that more than 1 million 16- to 24-year-olds in the UK were not in education, employment or training.The former Labour cabinet minister Alan Milburn stated youth disengagement was a mounting economic risk to the nation, and advised an essential reset of policy covering schools, the health service and the welfare state. Lucy Hough talks to the Guardian’s senior economics correspondent, Richard Partington