It appears not all is going to plan with the Department for Work and Pension’s (DWP) attempts to get a national payment supplier to offer ‘budgeting accounts’ for Universal Credit claimants.
The DWP recently held a procurement day for financial providers to discuss the tender which would see one or more providers go on to offer the state-sponsored jam jar-style accounts to claimants when they sign on to Universal Credit next October.
The accounts – which would allow peop...
