New Chancellor John Healey blamed for Child Trust Fund scheme that left £1.6billion unclaimed while managers made millions
- Posted on July 21, 2026
- By Daily Mail
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- 1 min read
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New Chancellor John Healey blamed for Child Trust Fund scheme that left £1.6billion unclaimed while managers made millions
In his previous stint as a Treasury minister John Healey was involved in the creation of Child Trust Funds, which put £250 in a savings account for every newborn that they could only access when they 18.