Prime minister David Cameron has announced a help-to-save scheme that could see the government top up 3.5 million low-income people’s savings by £1,200.
The government’s tax and benefit changes will cost poorest households an average of £460 a year, despite the minimum wage increase, a Trades Union Congress analysis has found.
A Conservative government would legislate to ensure that people earning the National Minimum Wage are permanently removed from paying income tax, Prime Minister David Cameron has said.
