Share Sounds. from Thought for the Week related to Charities/Community Action - UK Charities

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Genre: Charities/Community Action / Topic: UK Charities
Strand: Share Sunday
Programme: Thought for the Week
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Gavin Oldham

Thought for the Week: Putting Dormant Assets to Work

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Putting Dormant Assets to Work
Just in the United Kingdom alone, it has been estimated that there is £200 billion lying unclaimed as dormant assets. Better analysis is needed, more use should be made of search facilities by families — but the money needs to be put to work, prioritising inter-generational rebalancing. The Dormant Assets Act 2022 is a major step forward by Government, and the Reclaim Fund will enable its provisions to be put into practice. This will become an increasingly important contribution to empowering disadvantaged young people as the birth rate falls. Background music: 'Sea of Ancestry' by Jesse Gallagher.

Published:
Gavin Oldham

Thought for the Week: Inter-Generational Rebalancing In Action

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Inter-Generational Rebalancing In Action
Everyone knows the key ingredients which provide the best opportunity for a young person to achieve their potential in adult life. Love and encouragement are right at the centre but, following close behind, there’s the need for some financial resources and life skills in order to give them the best opportunity for success. For young people in care, the last two of these plus plenty of encouragement are provided through The Share Foundation, which has just published its 2022 annual report. It also operates a major recovery campaign for the Child Trust Fund which focuses attention on supporting young people in low-income families throughout the United Kingdom. Background music: 'Ammo' by Density & Time

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