Labour‘s Saving Gateway account axed in budget

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Labour‘s Saving Gateway account axed in budget

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06-23-2010, 10:58 AM

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Labour‘s Saving Gateway account axed in budget

A Saving Gateway scheme, aimed at encouraging low-paid workers to save, has been axed by the coalition Government.The scheme, proposed by Gordon Brown to help lower-income families, was due to be launched next month via the Post Office and would have contributed 50p for every £1 saved.It was designed to help up to eight million [...]

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