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The Children's Fund: Paying the price

<P>Funding committed to many local projects around the country has been put in jeopardy by drastic cuts in the Children's Fund. Simon Vevers finds out what's happened </P>

Funding committed to many local projects around the country has been put in jeopardy by drastic cuts in the Children's Fund. Simon Vevers finds out what's happened

Organisations that have tapped into the Children's Fund to provide a range of local preventative services to vulnerable children are facing budget cuts of nearly a quarter over the next two years due to administrative failures at national level.

Budgets for 2004/05 will be sliced by 15 per cent and by about one third in 2005/06, leaving a total budget of 250m for the next two years instead of the expected 150m a year.

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