Better Futures Fund to support vulnerable children

The government has announced a new fund which will help vulnerable children get a better education, a safe home, and the caring supportive environment they need to flourish.

The fund will support up to 200,000 children and their families over the next ten years by bringing together government, local communities, charities, social enterprises, investors, and philanthropists to work together to give children a brighter future.

The Better Futures Fund can be used to support schools improve attendance, behaviour, and overall achievement. The aspiration is to intervene youth from taking the life of crime, and offering employment support securing their futures.

By investing in early support to tackle challenges like school absence, addiction and re-offending, the fund will help give children the stability and opportunity they need to thrive – delivering on a key part of the Prime Minister’s Plan for Change to give every child the best start in life.

The launch is backed by groups including Save the Children UK, The Kings Trust and Oxfords University Blavatnik School of government.

Chancellor of the Exchequer Rachel Reeves said: “I got into politics to help children facing the toughest challenges. This fund will give hundreds of thousands of children, young people and their families a better chance. For too long, these children have been overlooked. Our Plan for Change will break down barriers to opportunity and give them the best start in life.”

Culture Secretary Lisa Nandy said: “This groundbreaking Better Futures Fund represents a major step in partnering with the impact economy, which has long played an important role in strengthening communities and driving inclusive growth.”

Further details on the fund will be set out in due course.