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Evening Standard
Evening Standard
Business
Lowenna Waters

What is the Help to Save scheme? Government-backed savings account helping people on Universal Credit

Help to Save Universal Credit Tom Selby Sun

Small businesses have reported a 10% sales slump for July

(Picture: Dominic Lipinski/PA))

The Help To Save scheme gives you a 50 per cent bonus on top of anything you save, and it’s funded by the Government.

Putting aside the maximum amount each year could earn you a £1,200 bonus over four years, reports The Sun.

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