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Liverpool Echo
Liverpool Echo
Business
Catherine Furze & Kate Lally

Universal Credit claimants missing out on £1,200 cash boost

Millions of UK households could be missing out on a cash boost worth up to £1,200.

The Help to Save scheme offers people who receive Universal Credit and certain other benefits the chance to add money to their savings. The incentive was launched in 2018, but many people don't know about it.

To get the maximum £1,200, each eligible person in the household will need to save £50 a month for four years, a total of £2,400. The boost will bring your savings to £3,600, the equivalent of saving £75 per month.

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