Access to Cash

Lord Aberdare Excerpts
Wednesday 3rd April 2019

(5 years, 7 months ago)

Lords Chamber
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Lord Naseby Portrait Lord Naseby (Con)
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My Lords, is my noble friend aware of the great worry experienced by 17% of our citizens about their virtually permanent need for access to cash? Against that background, has my noble friend found time to see and read the Which? report, the submissions made by Age UK and the rather heavy tome produced by Access to Cash Review? If he has, that is a happy coincidence. If not, will he please make sure he does so? Is he also aware—

Lord Aberdare Portrait Noble Lords
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Question!

Lord Naseby Portrait Lord Naseby
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My Lords, 17% of our citizens are suffering. Against that worry, is he aware that, while the Post Office and Nationwide are helping, the rest of the mutuals movement is handicapped by the Government’s failure to implement fully the Mutuals’ Deferred Shares Act 2015?