Investment in youth facilities would be a legally defined priority for a several hundred million pound fund drawn from dormant bank accounts.
The consultation document, Unclaimed assets distribution mechanism, states that services for young people should be the main focus of these resources in England. The money would be invested in places to go.
Ed Miliband, minister for the third sector at the Cabinet Office, said the investment would tie in with the Government's 10-year strategy for youth services, expected later this year.
"What is important is that we build on what is working," he told Young People Now. "The Youth Opportunity Fund and Youth Capital Fund are having a big and important impact."
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