Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if he will make an estimate of the number and proportion of people who are unable to access their Child Trust Funds in (a) Newcastle upon Tyne Central constituency and (b) the North East.
Information on Child Trust Funds as of 5th April 2021, are available in HMRC’s Annual Savings Statistics. This includes figures on matured accounts which have been claimed and which have not been claimed.
https://www.gov.uk/government/statistics/annual-savings-statistics-2022
Equivalent statistics up to April 2022 will be released on 22nd June 2023.
A geographical breakdown of the data for matured accounts that have not been claimed could only be provided at a disproportionate cost.
While some matured accounts have not been claimed yet, no accounts are inaccessible.