Ministers launch financial wellbeing scheme to help savers
(The Guardian Business News)

Millions of lives will be improved by 10-year plan, says Money and Pensions service The government is promising to turn Britain into a nation of savers by 2030 and cut the number of households relying on credit cards for day-to-day spending by launching an ambitious financial wellbeing programme.In an alarming description of the state of Britain´s household finances, the Money and Pensions Service (MaPS), a government agency, said 11.5 million people have less than £100 in savings to fall back on, while nine million said they often use credit cards and payday loans to meet essential weekly food and energy bills. Continue reading...