By simply filling in a form with the credit union, people can join the Save As You Earn (SAYE) scheme to transfer regular savings straight from their salary.
WSCU is a not-for-profit savings and loan co-operative set up with support from West Sussex County Council in 2008 in response to problems of financial exclusion in the county.
Since then it has loaned £1.4m people in West Sussex in relatively small sums of money as an alternative to high interest lenders such as pay day loan companies.
Volunteers are now increasing the profile of the WSCU payroll saving scheme.
Payroll manager at WSCU Alison Terry said: “We are trying to encourage people to save so people don’t have to use their credit card.
“SAYE is ideal to support people who don’t earn a lot of money and it’s empowering people. It can be just a couple of pounds a month.”
She said managers employing people interested in SAYE do not have lots of paperwork to fill in.
“It’s not a lot of work. There’s a link on the website that employees fill in, which goes to the Credit Union. We tell employers which employees wish to pay and how much to pay in. The beauty of it is employers don’t know what the money is for.”
In their experience, WSCU volunteers find employers are pleased to be able to offer such a valuable benefit for little administrative effort on their part – simply setting up the scheme and publicising it to staff.
Employees have said they find it easy to start to save through their salary and are pleased that they can benefit from preferential rates for loans if they need one in the future.
WSCU prides itself on providing an ethical option for people saving money. Organisations such as West Sussex County Council, the NHS Trust and several other councils and private sector businesses have started working with the Credit Union to offer their staff an option to save as they earn through a payroll deduction scheme.
People do not have to be part of a payroll scheme to save or borrow with WSCU, but only have to live or work in West Sussex. Savings are 100 per cent guaranteed by the Financial Services Compensation Scheme.
For more information go to www.westsussexcreditunion.co.uk or call 01903 237221.
Source: www.wscountytimes.co.uk
Olympic security farce as Wembley keys lost: First the G4S fiasco... now police admit to shocking stadium breach - Daily Mail
- Search teams hunt desperately for keys after they were lost during final preparations for the Games
- Could cost 40,000 to replace the hi-tech laser key set
- Claims similar incident occurred during Wimbledon championship are denied
By Louise Eccles, Chris Greenwood and Rebecca Evans
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Police in charge of keeping the Olympics safe have lost the keys to Wembley Stadium.
Scotland Yard admitted last night that it was to blame for the shocking breach.
Search teams spent days desperately hunting for the keys after they were mislaid during the final preparations for the Games.
Farce: Police who are responsible for looking after Olympic venues have admitted that they have lost the keys to Wembley stadium
The announcement of the lost keys came hours after Great Britain beat the UAE in a match at Wembley in the group stages of the competition
Celebrating: Ryan Giggs scored the first goal for Great Britain in their 3-1 win
Sources said it would cost up to 40,000 to replace the hi-tech laser keys. The latest fiasco threatened to further damage already fragile confidence in security arrangements for the Games.
It also provoked a furious behind-the-scenes row between the police, Locog and private security firm G4S over who was responsible.
But late last night, Scotland Yard admitted a team of officers mislaid the ‘internal security keys’ during last minute checks.
Claims that a set of keys were lost at the Wimbledon Championships in similar circumstances were flatly denied by tennis bosses and G4S.
It is the latest blow to Olympic security after serious questions were raised about the 284million Government contract with G4S to secure the Games. Military personnel were drafted in after the firm admitted it could not supply enough guards.
More than 600million has been spent securing Games venues, using more than 13,000 police officers from across Britain.
Special guests: Prince William and David Beckham watched the match at the stadium
Beckham's son Brooklyn also watched the game alongside his father
The Met said staff discovered the Wembley Stadium keys had been lost last Tuesday as final preparations were made for Olympic football matches at the venue.
It originally said officers were ‘alerted’ to the loss at lunchtime, sparking a criminal inquiry over fears they were stolen.
But a spokesman later admitted the keys had been mislaid earlier that day by a police team who had returned to check the venue several weeks after it had been secured and sealed by colleagues.
The officers then spent several days at Wembley Stadium retracing their steps and trying to find the missing set of keys.
One source said: ‘These were hi-tech laser keys which cost anything up to 40,000 a set as they cannot be copied. They are the same as you get at prisons.’
Denial: Claims that a set of keys were lost at the Wimbledon championships in similar circumstances were flatly denied by tennis bosses and G4S
In action: Andy Murray during his victory in the first round of the Olympic tennis tournament yesterday afternoon
Support: Fans were out in force to back Murray in his straight sets victory over Stanislas Wawrinka
A Met spokesman said: ‘On July 24, officers from the Olympic policing operation at Wembley Stadium reported that internal security keys which had been used by them as part of a search were missing.
‘Officers attended the venue to assist in the search for the missing items but nothing was found.
‘Detectives also went to ascertain if there was any evidence of criminal offences, however at that time there were none.’
A spokesman for Games organisers Locog said: ‘These were internal keys, locks have been changed and the security of the venue has not been compromised in any way.’
A spokesman for G4S said: ‘We have no record of losing any keys.’
- A G4S guard was last night facing the sack after he allegedly spat at a soldier drafted in to provide security at the Olympics archery at Lord’s cricket ground. A spokesman said the firm was ‘urgently investigating’ the claims.
Source: www.dailymail.co.uk
Wembley keys mislaid - SkySports
Source: www1.skysports.com
You actually mean they lock the place up and go home? You would think they would have at least have 24 hour security guards on the premises.
- Pickle.P, Northampton UK, 30/7/2012 07:30
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