Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, if she will make an assessment of the potential merits of including financial inclusion in the terms of reference of the Child Poverty Taskforce.
‘Tackling Child Poverty: Developing our Policy’ describes the Government’s approach to developing the Child Poverty Strategy. This sets out how increasing financial resilience for low-income families is one of the four key themes where the Child Poverty Taskforce is working to develop policies to reduce child poverty.
The Taskforce is working with a range of stakeholders, including financial institutions, charities, and consumer representatives to find solutions to problem debt and enable families to build savings.