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Child Trust Fund: York

Volume 507: debated on Monday 15 March 2010

To ask the Chancellor of the Exchequer how many children in the City of York local authority area have received child trust fund payments (a) since the scheme’s inception and (b) in the last 12 months. (322108)

Each child trust fund account that is opened receives a payment of £250 from the Government, with an additional payment of £250 to children in lower-income families. Statistics showing the level of child trust fund accounts opened in each local authority area is available at:

http://www.hmrc.gov.uk/ctf/stats.htm

This data shows that 10,760 child trust fund accounts had been opened in the York Unitary Authority for children born by 5 April 2008.