Two years ago the Government launched a scheme designed to encourage people on benefits to build up some savings of their own.
Help to Save promised to add 50% on top of money you put away, up to a maximum of £1,200, to people on universal credit or working tax credit.
But despite the generous terms it never proved that popular - at least until now. In the six months since coronavirus started wreaking havok with lives and livelihoods across Britain new records have been set for new accounts opened (59,800), people paying in in any given month (132,000) and the highest total deposits over a six month period (£32.1 million).
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