Report: Britain’s low-paid urged to sign up to savings scheme offering cash bonus

The Guardian — World has reported on “Report: Britain’s low-paid urged to sign up to savings scheme offering cash bonus,” presenting it as the central development in the source material available for this brief.

Government-backed support to save is aimed at working people on universal credit and pays 50p for every £1 saved over four years against the backdrop of claims that millions are missing out, the UK government is encouraging low earners to sign up to a savings scheme that offers free cash. The report also notes that support 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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