Rachel Reeves LIVE: Chancellor to make massive ยฃ500 million announceme | Politics | News

Chancellor Rachel Reeves will launch a new ยฃ500 million fund aimed at helping up to 200,000 vulnerable children.
The Better Futures Fund will be used to help struggling and vulnerable youngsters and their families with a variety of problems they face.
This could include early support to tackle challenges such as school absence, mental health issues, addiction and falling into a life of crime.
The fund will run for 10 years, and ministers plan to raise a further ยฃ500 million from councils, investors and philanthropists to top up the Government’s cash.
The Chancellor will launch the initiative today as she visits a school in Wigan.
Ahead of the visit, Ms 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.”