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flag UK extends savings bonus scheme to 2027, offering up to £1,200 to Universal Credit claimants.

flag The UK government is extending its Help to Save scheme until April 2027, offering up to £1,200 in bonuses to Universal Credit claimants who save between £1 and £50 monthly. flag Participants receive a 50% bonus on their savings, with payments of £500 in the second and fourth years. flag More than 550,000 people are eligible, and accounts can be set up in under five minutes via the HMRC app or online.

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