Sentences with phrase «child trust fund payments»
More than a # 1bn will be cut form the budgets of local councils, while Child Trust Fund payments will also be scrapped in a move the new government hopes will eventually save more than # 500m.
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Among his proposed # 15 billion in savings - cuts in tax credits, child trust funds and winter fuel payments to pensioners - as well as closing tax loopholes and avoidance.
Disabled children and the poorest third of families will continue to receive both new child trust funds at birth and top - up payments.
He demonstrated as social services minister a willingness to negotiate, but his approach was clearly to save money, and the government continued to try to legislate to have a four - week waiting period before getting any welfare payments, which is a disaster for those children from families without access to big houses and trust funds.