Written Question·Treasury·UIN 25630

Disadvantaged: Finance

Tabled: 21 January 2025

Answered: 28 January 2025

Question

James McMurdock

Independent — South Basildon and East Thurrock

To ask the Chancellor of the Exchequer, what steps her Department plans to take to support people to (a) build financial resilience and (b) manage debt.

Answer

Emma Reynolds

The Government is committed to helping people build their financial resilience. At Autumn Budget 2024, we announced an extension to the Help to Save Scheme which aims to bolster the financial resilience of low-income households by providing a 50% bonus on...

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