According to an analysis by the Early Intervention Foundation (EIF), ‘picking up the pieces’ from damaging social problems affecting children and young people such as mental health problems, going into care, unemployment and youth crime costs the Government almost £17 billion a year.
Of this, £5 billion is spent on looking after children in care, while an estimated additional £4 billion a year is spent on benefits for 18-24-year-olds not in education, employment or training (NEET), and another £900 million on helping young people suffering from mental health issue or battling addictions.
The analysis, ‘Spending on late intervention: how we can do better for less’, was launched at the EIF’s first national conference that took place yesterday in London.
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