UK Government unlocking £330 million from dormant accounts to build a fairer society

Up to £330 million from dormant bank and building society accounts will be used to help the homeless, disadvantaged young people, local charities and other good causes in the UK over the next four years, Tracey Crouch, Minister for Sport and Civil Society, announced today. Around £280 million will be allocated to initiatives across England to help disadvantaged young people into work, provide housing for families and vulnerable people, and tackle problem debt. Of this, up to £135 million will be used by Big Society Capital (BSC) to fund stable…

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