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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

£76m in forgotten bank accounts to be used to help cost of living - how to find lost cash

Around £76million from lost and dormant bank accounts is to be released to help those struggling with the cost of living.

The cash will be used to support people to get out of debt and help with energy-saving initiatives, the Department for Culture, Media and Sport said today.

The cash will be collected through the Dormant Assets Scheme, which unlocks money from forgotten bank and building society accounts when it is not possible to reunite people with their lost money.

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