§ Mr. Stephen O'BrienTo ask the Chancellor of the Exchequer if he will make a statement on the Saving Gateway scheme. [103913]
§ Ruth KellyPilots for the Saving Gateway, an account designed to provide transparent incentives to save for low-income individuals, were launched in August 2002. The pilots, located in Cambridgeshire, Cumbria, Gorton, Hull and Tower Hamlets, end in February 2005 and have been designed to provide a regular stream of information and data. Further development of the Saving Gateway, including the appropriate level of the match rate and the criteria to be used to determine eligibility, will follow in light of evaluation evidence. A statement on the progress of the pilots will be provided in the Budget.