Prime Minister Keir Starmer and Chancellor Rachel Reeves have launched the Better Futures Fund—a £500 million commitment over the next decade aimed at aiding up to 200,000 vulnerable children. By boosting access to education, mental health support, safe housing, and crime prevention, the fund forms the bedrock of Labour’s “Plan for Change.” It also leverages another £500 million from local authorities, social investors, and philanthropic sources, alongside initiatives like social impact bonds. The move comes amid increasing internal and public pressure to ease the financial strains on low-income families and review the controversial two‑child welfare cap
Prime Minister Keir Starmer and Chancellor Rachel Reeves have launched the Better Futures Fund—a £500 million commitment over the next decade aimed at aiding up to 200,000 vulnerable children. By boosting access to education, mental health support, safe housing, and crime prevention, the fund forms the bedrock of Labour’s “Plan for Change.” It also leverages another £500 million from local authorities, social investors, and philanthropic sources, alongside initiatives like social impact bonds. The move comes amid increasing internal and public pressure to ease the financial strains on low-income families and review the controversial two‑child welfare cap