
New Chancellor John Healey blamed for Child Trust Fund scheme that left £1.6billion unclaimed while managers made millions
- John Healey criticised over Child Trust Fund scheme from his time in government.
- Roughly £1.6 billion in child savings accounts remains unclaimed.
- Fund managers reportedly profited heavily while money went unclaimed.
A newspaper investigation has revived criticism of the Child Trust Fund scheme, the government savings initiative for children first rolled out under the last Labour administration, pointing to new Chancellor John Healey's role in its oversight. The report highlights that around £1.6 billion sitting in these accounts remains…





