As of September 2020, about 55,000 of you come into your child trust fund (CTF) endowment from those days, with a similar number set to benefit each month for the next eight years. This long forgotten echo down the years arrives as a timely political reminder of how life might have been if social democratic ideas had prevailed. And, of course, the child trust fund was shut down, too. Having pledged to “end child poverty” by 2020, Labour had taken a million children above the poverty threshold by 2010. Here is a sad tale of good social policy trashed, and a reminder to all 18-year-olds that better, kinder government is possible.

Source: The Guardian September 03, 2020 15:33 UTC