Financial Inclusion

Part of 1. Questions to the First Minister – in the Senedd at 2:12 pm on 28 January 2020.

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Photo of Dawn Bowden Dawn Bowden Labour 2:12, 28 January 2020

Thank you, First Minister, and can I welcome the range of actions that you set out there, which I know assist many of my constituents in Merthyr Tydfil and Rhymney? Many of us on this side of the Chamber also remember the actions of the last UK Labour Government in establishing child trust funds, and, of course, the additional support for this provided by the Welsh Labour Government. Trust funds exist, First Minister, as you know, to help young people with savings to support them into adult life—support that was abolished by the UK Tory Government. Since then, Tory Ministers have failed to link people with their accounts, meaning that millions could go unclaimed when all children in Wales born in 2002 will be eligible to access their savings this September. What representations has the Welsh Government made to the UK Government to ensure that young people are reunited with their savings?