Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that people with disabilities have equitable access to services provided by (a) banks and (b) financial service providers.
As service providers, banks and building societies are bound under the Equality Act 2010 to make reasonable adjustments, where necessary, in the way they deliver their services.
In this context, the Government recognises that access to financial products and services ensures everyone can participate fully in the economy and in society.
This is why the Government has committed to publish a Financial Inclusion Strategy later this year. The strategy is being developed alongside a committee of industry and consumer representatives and will aim to tackle barriers to individuals’ and households’ ability to access affordable and appropriate products. As part of this, the committee is considering the cross-cutting theme of accessibility (alongside the themes of economic abuse and mental health) to ensure this informs the strategy’s development.
For people with disabilities who require in-person services, the Government is also working closely with industry to roll out at least 350 banking hubs which will provide communities with critical cash and banking services. Over 230 hubs have been announced so far, and over 170 are already open. Cash Access UK, who oversee banking hub rollout, work to ensure that their physical premises are fully accessible, and their services promote an inclusive environment.