Demonstration projects have shown ‘value of jam jars’ - MP

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Published by 24publishing for 24dash.com in Housing and also in Local Government, Universal Credit

A Tory MP says the Government’s demonstration projects trialling direct housing benefit payments to tenants have shown the “value” of jam jar budgeting accounts and has asked Iain Duncan Smith to pay “particular attention” to credit unions in any future state tendering process.Last September the Department for Work and Pensions (DWP) announced it was looking to implement a scheme to subsidise access to bank accounts or alternative financial products (e.g. jam jars) with...

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