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Old 17-01-2006, 12:12   #1
garinda
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£250 per child.

There has been a lot on the news today about the low uptake for the Government's scheme that gives every child born after a certain date £250 to invest.

Apparently only about a third of the parents of the children, who are entitled to it, have claimed it.

Is this a wise way to spend tax payers money? Has everybody who has had a child taken up their offer, or is it just some sort of sweetner for middle England? Do you have a child who was born before the qualifying date, and one after, is it fair?

What will the invested £250 be worth in eighteen years?

An aid to starting adult life, or enough money for the little darling to go out on a bender?
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