Within today’s Pre-budget Report (PBR) alongside the headline reduction in VAT is the expansion of the Savings Gateway Scheme (SGS). This scheme has been trialed in various, mostly deprived, areas and was judged a great success. Essentially the scheme encourages those on low incomes to save by topping up every £1 saved with an additional [...]
Filed under: General | Tagged: credit crunch, credit unions, Doorstep lenders, Financial Exlusion, Financial Inclusion, Pre-budget Report, Savings Gateway, VAT | Leave a Comment »
