The £100 is for a child trust fund - the parent chooses how to invest the money, but can't (or shouldn't) spend it themselves. The scheme was only started in the last couple of years. The idea is to provide some money towards a University education or a first house (since both have become expensive in recent years
However, there are very generous child benefits and allowances available for families. I have heard that an unemployed parent with several children can claim the equivalent of a professional's salary!



