Government’s Financial Inclusion Strategy ‘is far from the finished product’

The publication of the Government’s Financial Inclusion Strategy is a welcome first step, the Treasury Committee said (Joe Giddens/PA) - (PA Archive)

The Government does not have a complete plan to tackle financial exclusion in the UK, according to a committee of MPs.

Financial inclusion allows people to manage their money and access the essential services that households need to navigate their financial lives, such as having access to banking, having affordable credit options, or being able to build financial resilience through a savings pot.