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Following the end of the Credit Union Prizesaver pilot in March 2021, this report assesses the success of the pilot against its stated objectives.
Application form for credit unions who want to apply to participate in the prize-linked savings pilot
The Economic Secretary delivered a speech at the Association of British Credit Unions Limited annual conference, announcing that legislative changes to support the sector will be included in the upcoming Financial Services and Markets Bill.
Treasury launches pilot of new PrizeSaver account, with savers who put away as little as £1 with participating credit unions having the chance to win up to £5,000 a month.
First published during the 2010 to 2015 Conservative and Liberal Democrat coalition government
The Economic Secretary made a speech at Mansion House on the topic of financial literacy and inclusion.
This consultation seeks views on raising the maximum interest rate cap for credit union loans.
Speech delivered by John Glen, Economic Secretary to the Treasury, to the Association of British Credit Unions Limited
Harriett Baldwin visits Leeds to see the contribution the city's successful financial services sector makes to the UK economy.
Last year the government committed to launching a pilot of a new prize-linked savings scheme for credit unions, to help people increase their financial resilience while boosting awareness and membership of credit unions.
A call for evidence seeking views from credit unions, the private sector and wider society on what the credit union sector should look like in the future.
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