I thank the hon. Gentleman for that clarification.
I now want to discuss the child trust fund, which is also being cut. When I visited Greenhill school in my constituency to talk about financial education, I asked 10 and 11-year-olds how much money they had saved up in their bank accounts and the answers given by those little 10-year-olds ranged from £50 to £80; that was their life savings. But those children knew that their little brothers and sisters had got £250, and in some cases £500, from the Government through the child trust fund.
Finance Bill
Proceeding contribution from
Mary Creagh
(Labour)
in the House of Commons on Tuesday, 20 July 2010.
It occurred during Debate on bills on Finance Bill.
About this proceeding contribution
Reference
514 c215 Session
2010-12Chamber / Committee
House of Commons chamberSubjects
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2023-12-15 18:29:07 +0000
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