The Chancellor is expected to announce details of a significant investment in services for young people, when he makes his Budget speech today (21 March).
Gordon Brown is expected to report on progress in developing a scheme to channel unclaimed assets from bank accounts to charities working with disadvantaged groups, including young people.
The Treasury is understood to back the idea of a Social Investment Bank (YPN, 14-20 March, p2) but may also set up separate funding streams using unclaimed assets - including a youth fund.
The Treasury is also rum-oured to be planning a 30m investment in advice service ChildLine, but owner NSPCC could not confirm this.
Tom Wylie, chief executive of The National Youth Agency, said details of local authority youth service funding were not expected in the Budget.
