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Agencies should be offered financial incentive to invest in early intervention, claims taskforce

The government should explore methods for sharing profits from early intervention work to encourage agencies to finance it, the first report of a new taskforce has said.

The Early Action Task Force, set up by London charity Community Links, suggests that the issue of departments and agencies benefiting from early action but being reluctant to finance it needs to be addressed.

It proposes that relevant agencies be made to invest an agreed share in early intervention, and when savings are realised these might be shared on an agreed formula.

"In some cases, this might be combined with private investment through social impact bonds," the report states.

The group, which includes members such as former president of the Association of Directors of Children’s Services Kim Bromley-Derry, also calls on government to take a number of other steps to improve the early intervention landscape.

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