Attorney general defies call to give £400m windfall to UK charities
by Owen Bowcott and Dan Sabbagh from on (#3QQZP)
Jeremy Wright wants high court to unfreeze National Fund to help pay national debt
The attorney general has applied to the high court to release at least 400m from a fund that has in effect been frozen, in order to reduce the UK's massive national debt.
The legal manoeuvre was launched by Jeremy Wright QC following criticism over delays about what to do with the National Fund, which was established in 1928 with the aim of paying off the country's accumulated financial liabilities.
Related: UK debt is explosive - and it only needs a spark to light the fuse | Larry Elliott
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