Money from ‘dormant’ bank accounts is being used to help fund David Cameron's Big Society plans.
£600 million is being made available to fund investment in charities and social enterprises with the Prime Minister saying the money will help tackle the country's "deepest social problems".
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A year ago the International Court of Justice ruled that Japan's decades-old whale hunt in the Antarctic should stop.
Shadow chancellor John McDonnell has backed a free vote for MPs on the issue.
Savers into the new scheme can expect rates as high as 4 per cent from some banks.