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Labour launches £500m plan to fight child poverty
The Independent
|July 14, 2025
Chancellor Rachel Reeves will launch a £500m fund today aimed at helping up to 200,000 vulnerable children. Labour says the Better Futures Fund will be the largest of its kind in the world.
It will be used to help struggling and vulnerable children and their families with a variety of problems they face. This could include early support to tackle challenges such as school absence, mental health issues, addiction and falling into a life of crime.
The fund will run for 10 years, and ministers plan to raise a further £500m from councils, investors and philanthropists to top up the government's cash.
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