Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress she has made on developing a national financial inclusion strategy.

I have convened a Financial Inclusion Committee of industry and consumer representatives to develop the Government’s Financial Inclusion Strategy, which will be published later this year.

The strategy will tackle a range of issues, including access to affordable credit, digital inclusion, and financial capability and education. I am meeting with the Committee in June to discuss potential strategy interventions.