The children’s charity organization, Barnardo’s, has just received a pledge from the British government for nationwide monetary support for its care leavers. Barnardo’s is committed to children and it “believes in children, no matter who they are.” Further, Barnardo’s states that it believes in “the potential of every child and young person, no matter who they are, what they have done or what they have been through.”
Million Pound Saving Scheme
According to George Osborne – MP for Tatton and Chancellor of the Exchequer – the British government has promised care leavers substantial backing, in the realm of £5 million, that will go towards a savings account scheme.
Barnardo’s has worked hard to get this support. Indeed, it developed a campaign with Action for Children in an attempt to “urge the Government to review provisions for children in care.” Osborne committed to this, saying that it was due to the announcement made in October 2010, of a tax-free children’s savings account. This will be available in the autumn.
Children Getting Care
According to Osborne, the Action for Children organization along with Barnardo’s suggested these accounts be put towards children in care and their savings. Osborne also added, “I know these children face particular challenges and I can tell the House the Department for Education will work with others to make the necessary funding available to ensure we can provide the support they deserve. We will work with the charities and interested parties to develop detailed proposals, funded by the government, so that Junior ISAs can best support these children.”