Izzy Lepone 14 July 2025

Rollout of £500m fund to support young people

Rollout of £500m fund to support young people image
Chancellor Rachel Reeves speaking at the Labour Party Conference in 2023, smiling at a podium with a red and white backdrop. © Martin Suker / Shutterstock.com.

Chancellor Rachel Reeves is due to announce the launch of the Better Futures Fund, a £500m initiative to help reduce youth poverty.

Chancellor Reeves will today reveal a £500m funding boost for charities and civil society organisations, enabling greater investment in youth services and strategies to combat child poverty, according to The Guardian.

The 10-year scheme is designed to support young people facing hardships such as mental health issues, school absence, crime risk and addiction.

Chancellor Reeves said: ‘I got into politics to help children facing the toughest challenges. Today’s Better Futures Fund will give hundreds of thousands of children, young people and their families a better chance in life.’

To develop the initiative, the Government is hoping to receive an extra £500m of contributions from local authorities and investors.

Culture secretary Lisa Nandy added: ‘As part of the plan for change, we’re bringing together government, local authorities, charities, social enterprises and philanthropists to create a powerful alliance that will transform the lives of vulnerable children and young people.’

SIGN UP
For your free daily news bulletin
Highways jobs

Senior Social Worker - Adults Emergency Duty/Approved Mental Health Professional

London Borough of Richmond upon Thames and London Borough of Wandsworth
£46,206 - £55,992
Senior Social Worker / Approved Mental ... Twickenham, Greater London
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

Care & Support Worker

West Northamptonshire Council
£13.52ph
36 hours per week (12 hours day shifts). Operating on a 4 week rolling rota. The current rota for this position does not include any weekend working. The team will provide quality care for our people, specialising in rehabilitation/reablement and sub-acu Northampton
Recuriter: West Northamptonshire Council

Graduate Trainee Emergency Planning and Resilience Consultant

Essex County Council
£27055.00 - £31829.00 per annum
Are you a Graduate, looking to become part of a crucial, efficient and high achieving team? England, Essex, Chelmsford
Recuriter: Essex County Council

Senior Finance Officer- Transactional Services

Essex County Council
£34121.00 - £40142.00 per annum
Senior Finance Officer- Transactional ServicesFixed Term, Full Time£34,121 up to £40,142 per annumLocation
Recuriter: Essex County Council

Social Worker

Durham County Council
Grade 9 - £35,412 - £39,152 (pre-progression) / Grade 11 - £40,777 - £45,091 (post-progression)
Applications are invited for a Social Worker within the Durham and Chester le Street Locality Team, temporary until 30 September 2026 subject to the r Durham
Recuriter: Durham County Council
Linkedin Banner