Universal Credit: Financial Resilience

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons on 7th October 2019.

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Photo of Stephen Crabb Stephen Crabb Conservative, Preseli Pembrokeshire

One important way for people on UC to build their financial resilience is through regular saving, although that can feel incredibly difficult for those on lower incomes. Does the Minister agree that the Government’s Help to Save scheme, which is precisely for people on tax credits and UC and which provides a 50% bonus on their savings, is a really important tool?