Child Trust Funds and Data Breaches
Money Box
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The Government's Help to Save Scheme for People on Lower Incomes
Help to save is for anyone on universal credit or tax credits. A four-year savings account is on offer, which you can pay anything up to £50 into each month. After two years, the government adds £50p for every pound that's been saved. For someone saving as much as they can, which would be £2,400, the government would pay a £1,200 bonus directly into their bank account. The scheme was due to close in September, but it'll now run until April 2025. More must be done to make sure banking is accessible for people who are deaf and have some kind of hearing loss.
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