Asked by: Ayoub Khan (Independent - Birmingham Perry Barr)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps she is taking to reduce wealth inequality in the UK.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The Government is committed to making sure everyone pays their fair share of tax, which helps to fund our vital public services.
The UK taxes wealth across many different economic activities, helping to ensure that the most well-off in our society make a fair contribution.
Asked by: Ayoub Khan (Independent - Birmingham Perry Barr)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department is taking steps to introduce a National Financial Inclusion strategy.
Answered by Tulip Siddiq - Economic Secretary (HM Treasury)
Ensuring all individuals have access to the appropriate financial services and products they need is a key priority for Government and is vital to supporting people’s financial resilience and wellbeing. It is also an essential part of achieving inclusive growth and ensuring individuals are able to fully participate in the economy.
The Government is currently taking steps to understand barriers to financial inclusion in more detail and I am committed to considering what more can be done.