David Cameron's 'Help to Save' scheme was 'Labour's idea', party claim
Prime Minister David Cameron said the new help to save policy in Wednesday's Budget was part of his 'all out assault on poverty' David Cameron today unveiled plans to hand up to 3.5 million of Britain's lowest paid workers up to £1,200 extra in their savings accounts. Mr Osborne added: 'This government is determined to improve the life chances of the poorest in our society and our new Help to Save scheme will mean millions of low income savers across the country could now receive a Government bonus of up to £1,200 to help them build up their savings. 'If the Tories were serious about supporting low and middle paid workers in the Budget they would listen to Labour's calls to fully reverse the Universal Credit cuts.' The new savers bonus will be available to people who can put away £50 a month for up to two years, Mr Cameron announced today The proposed help to save accounts will be available until April 2018.
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