Business

Stronger savings for hundreds of thousands of workers

HM Treasury·Nov 14, 2026 · 5:07 AM CT
Readthrough summary

The U.K. government said more than half a million additional workers will be able to join workplace payroll savings schemes, in which a chosen share of pay is automatically set aside and can be withdrawn at any time without charge. BT, Marks & Spencer, Veolia and Home Bargains have joined the government-backed National Coalition of Workplace Savings, alongside employers such as Co-op, Bupa and Travelodge, and Tesco has launched a payroll savings scheme. Officials described the effort as part of a plan to build household financial resilience.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at HM Treasury.

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