Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing a national framework inclusion strategy on accessible and inclusive banking.

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.

As part of prioritising financial inclusion, the Government is working closely with the financial services sector to roll out at least 350 banking hubs which provide individuals and businesses up and down the country with in-person cash and banking services. I am committed to considering what more can be done to support accessible and inclusive banking for all.