The report highlights the urgent need for a system overhaul, citing a lack of capacity that forces many young people into crisis situations, which strains emergency services and increases wait times.

Currently, mental health services for children are underfunded, meeting only 40% of diagnosed needs, while the campaign calls for a full rollout of Mental Health Support Teams and open access hubs.

The campaign also emphasizes the need for an independent review to investigate the causes of the mental health crisis, including the influence of social media.

A new campaign spearheaded by key mental health organizations is advocating for urgent reforms and increased investment in children's mental health services, particularly in light of the upcoming Government Spending Review and the NHS's 10-Year Plan.

Leaders from various organizations are stressing the urgency of addressing the mental health crisis, which they label as one of the largest health, social, and economic challenges facing the UK today.

Recent research warns that the escalating mental health crisis among children and young people in the UK could significantly impede government efforts to boost economic growth and productivity.

Research estimates that the UK stands to lose over £1 trillion in lifetime earnings due to the mental health crisis affecting young people, with the long-term impact costing the economy £1.16 trillion.

Projected spending on incapacity and disability benefits for working-age individuals is expected to rise by £21 billion annually by 2028-29, largely driven by mental health claims from young adults.

The Future Minds mental health campaign, supported by four charities, aims to initiate significant changes in the approach to children's mental health services.

The rising prevalence of mental health issues among youth is linked to detrimental impacts on education, social care, and overall economic productivity.

The campaign is calling for an independent review of the children's mental health crisis, a comprehensive workforce plan, and increased investments to meet 70% of diagnosable needs by the end of the current parliamentary term.

An NHS spokesperson noted the record number of children seeking help for conditions like anxiety and depression, emphasizing ongoing efforts to expand mental health services in schools.