To ask the Chancellor of the Exchequer what estimate he has made of the cost of the SavingsGateway in each of the first five years after itslaunch.
In the pre-Budget report the Chancellor announced the launch of the larger Saving Gateway pilot for 2005. Evidence gathered through this pilot will be used to evaluate the future role matching could play in Government support for savings, both for those on low incomes and more generally. The new pilot will cost £15 million and all accounts opened will last for 18 months.
Yes1 person thinks so
No1 person thinks not
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