To ask the Secretary of State for Digital, Culture, Media and Sport, pursuant to the Answer of 11 October 2018 to Question 176383, how much funding has been released from dormant bank accounts to support young people.
As part of the Civil Society Strategy, the Government committed to working with the National Lottery Community Fund to allocate £90 million from dormant bank accounts to a new, independent organisation to support young people furthest away from the labour market. Last week, the Youth Futures Foundation (YFF) launched and announced its Founding Chair, Joe Montgomery.
Over the coming months, YFF will set out its strategy for using this funding to support the most disadvantaged young people into employment. Funding is supporting small, grassroot youth organisations working with young people Not in Employment, Education or Training (NEET) or at risk of becoming NEET, to build their organisational capacity and strengthen local partnerships.