Its the start of a new month. About 50,000 more people will have their 18th birthday in the month and will take control of their personal child trust fund created for them 19 years ago by a Labour Government under Gordon Brown. Every month for the next 10 years, 50000 more young people will receive their windfall on their 18th birthday The BBC estimates these personal funds may be worth at least £1000 each so If you are turning 18 or have done in the last couple of months and didn’t know you have a trust fund….look here.
We have not had a Labour government since the Tories and Lib Dems came to power in 2010. Since then, prospects for 18 year olds have crashed in every respect.
Child Trust Funds’s are an investment in young people by the Labour Party.
This is part of what real levelling-up looks like.
Join the Labour party today and help us build fairer policies and a fairer future for all including youth. We won’t just talk about “levelling up” unlike some.
If you’re 14 or over, not a member of another political party, and are a British citizen or have lived in the UK for a year or more, then absolutely; come on in. We need your passion, your experience and your voice in our movement.
If you want to know about joining (or rejoining) the Labour Party, click here.