Here we go...
Posted on This is My Truth on 24 May "A man who knows the price of everything and the value of nothing" is how Oscar Wilde defined a cynic. How else can you characterise someone who can describe the end of the Child Trust Fund scheme as "Action to cut Whitehall waste" ? For those who don't have to worry about how to dodge inheritance tax because they can expect no handsome bequest the Child Trust Fund provided the promise of a future. Studies show that young adults with a small amount of capital at the beginning of adulthood had a significant advantage 10 years later over those who did not, enjoying more employment, higher earnings and better health It was one of the most radical attempts to engineer a more equal society in the long term. Waste, apparently. Among the £6.2 Billion cuts this financial year is England's £5 million "Play Strategy". Encouraging the poorest children to play, learn, grow in confidence and explore freely has now been e...