Child trust £250 is not a bribe says Brown - Papers 12 January

TThe Daily Telegraph notes the chancellor saying: "The child trust fund is not a policy that is being launched in 2005 without thought going back a number of years." "This is not being sprung on you; the gestation of this idea goes back to 2001.” Mr Brown told a press conference that child trust fund vouchers worth a total of more than £500m would be posted from Monday. About 2 million parents of children born after September 1, 2002, will receive at least £250 per child and parents registered for child tax credit who are earning less than £13,480 a year will receive an extra £250 pe...