Proceeding contribution from John Hemming (Liberal Democrat) in the House of Commons on Monday, 22 November 2010. It occurred during Debate on bill on Savings Accounts and Health in Pregnancy Grant Bill.

Savings Accounts and Health in Pregnancy Grant Bill

I agree entirely, but it is also the state's responsibility to make sure that we do not spend £7 million to give people £2 million. Putting aside whether child trust funds bring a return over time, it is absolutely absurd to propose, as the Opposition do, spending £7 million to give children in care £2 million. There has to be a better way of doing things. Also, those children would not get the money until they were 18.

Secondary information

Type: Proceeding contribution
Reference: 519 c65
Session: 2010-12
Chamber / Committee: House of Commons chamber
Subjects: Disability Children Children in care Child trust fund Eligibility Grants Individual savings accounts Pilot schemes Personal savings Low incomes Northern Ireland Poverty Pregnancy Scotland Wales Saving gateway
Legislation: Savings Accounts and Health in Pregnancy Grant Bill 2010-12
Link: View this Proceeding contribution on www.publications.parliament.uk

Savings Accounts and Health in Pregnancy Grant Bill

Secondary information

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