Stephen Timms – 2014 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Stephen Timms on 2014-06-27.

To ask the Secretary of State for Work and Pensions, whether his Department is currently pursuing plans for jam jar bank accounts under the universal credit programme; and if he will make a statement.

Esther McVey

We are looking at a wide range of support options and considering the best outcomes for Universal Credit claimants which provide value for the taxpayer.

We are continuing to have discussions with providers of financial products and other stakeholders and we will make an announcement once those discussions have concluded.