Baby Bonds in UK

[Chris Burford]

The UK Labour Government has trailed a proposal to give each baby at birth 
a few hundred pounds. Children of poorer families would get more, namely 
£500. Periodically a bit would be added.

If, but only if it is invested in the Stock Exchange it might reach £3000 
by the 18th birthday, when the owner would be able to spend it, but 
probably on restricted items.

This I believe borrows from ideas in the USA.

It is the first time in the UK that benefits have been given in the form of 
capital.

As a way of unifying people it appears to be solve growing gaps by 
encouraging everyone to be "middle class".

Chris Burford