A vast trust that would plough £1,000 pots of cash from birth into long-term UK investments is among the ideas that will be floated this week by City policymakers as part of a new economic growth plan.
Under the proposal, every child could receive a £1,000 award that would be channelled into long-term UK investments. One source said the initiative could"help to build an investment culture in the UK, by introducing more citizens to the concept of investment and its use as part of a balanced long-term savings plan".
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