Key Takeaway
Government-backed help to save is aimed at working people on universal credit and pays 50p for every £1 saved over four yearsAmid claims that millions are missing out, the UK government is encouraging low earners to sign up to a savings scheme that offers free cash. Help to save is a government-backed savings account that lets people earn a bonus…
Published September 25, 2026 · Category: News
Overview
Government-backed help to save is aimed at working people on universal credit and pays 50p for every £1 saved over four years
Amid claims that millions are missing out, the UK government is encouraging low earners to sign up to a savings scheme that offers free cash.
Details
Help to save is a government-backed savings account that lets people earn a bonus of 50p for every £1 they save over four years.
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Source
Originally published at www.theguardian.com.
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Frequently Asked Questions
What is "Britain’s low-paid urged to sign up to savings scheme offering cash bonus" about?+
Government-backed help to save is aimed at working people on universal credit and pays 50p for every £1 saved over four yearsAmid claims that millions are missing out, the UK government is encouraging low earners to sign up to a savings scheme that offers free cash.Help to save is a government-backed savings account that lets people earn a bonus of 50p for every £1 they save over four years. Continue reading...
Who reported this story?+
This story was reported by The Guardian World.