Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how many people enrolled in a (a) help to save and (b) maximum help to save savings scheme in the first six months of the scheme's introduction.
Details of the number of people who opened a Help to Save account between 12 September 2018, when the scheme was introduced, and the end of January 2019 can be found at Table 1 of HMRC’s Help to Save Official Statistics, which were published on 28 February 2019[1].
This also includes those people who opened their Help to Save accounts during the trial of the scheme which began in January 2018.
Table 2 of these statistics shows the average monthly payment and the percentage of deposits that are the maximum of £50 per month.
The next publication of the Help to Save Official Statistics will be in August this year.