12-09-2018 07:01 via theguardian.com

Help-to-save scheme is finally launched

Estimated 3.5m people on low incomes eligible for accounts earning 50p for every £1 savedThe government will on Wednesday launch its much-delayed help-to-save scheme designed to assist low-paid workers build up savings by giving them 50p for every £1 they save.Championed by the former prime minister David Cameron, help to save was first announced in March 2016. But it largely mirrors Labour’s savings gateway scheme which was scrapped in 2010 by the then chancellor, George Osbor
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