Child Trust Fund

Treasury written question – answered on 22nd March 2005.

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Photo of Liam Byrne Liam Byrne Labour, Birmingham, Hodge Hill

To ask the Chancellor of the Exchequer if he will make a statement on his Department's projections of the cost of the Child Trust Fund in each year from 2005–06 to 2010–11.

Photo of Stephen Timms Stephen Timms The Financial Secretary to the Treasury

The AME accruals cost to the Exchequer of the Child Trust Fund is forecast at £240 million in each of the fiscal years 2005–06 to 2010–11.

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