The Bishop of Durham received the following written answer on 19th December 2022:
The Lord Bishop of Durham asked His Majesty’s Government what assessment they have made of the potential impact of expanding the Help to Save scheme to all Universal Credit claimants and broadening points of access to include credit unions and other providers of low-cost credit.
Lord Harlech (Con): Help to Save aims to support individuals to kickstart a regular, long-term savings habit and build a rainy-day savings fund by providing a generous government bonus on savings over four years.
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