Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential merits of a mandatory disclosure regime for financial services providers on activities to improve financial inclusion.

Ensuring individuals have access to the appropriate financial products and services they need is a key priority for the Government. This is why I have committed to publish a Financial Inclusion Strategy later this year which will examine the barriers consumers face and further action industry and Government can take in partnership to address them.

This includes a focus on: (i) digital inclusion and access to banking; (ii) savings; (iii) insurance; (iv) affordable credit; (v) problem debt and (vi) financial education and capability.