📈Financing Growth: Boosting living standards through financial inclusion
🕣 Sunday 28th, 17:45-18:45 | Arena Room Wye, LGF, ACC, #Lab25 🌹

In partnership with @fair4allfinance.bsky.social 🤝

Watch LIVE on X, LinkedIn or YouTube 👉https://lnkd.in/eVGF6HRD

📍 We’ll be in the Attlee Suite, Portcullis House from 2.30pm – 4pm

A big thank you to Phil Brickell MP for sponsoring this event, and to the APPG Fair Banking for their support.

Unfortunately there are a number of barriers stopping people in financially vulnerable circumstances accessing these potentially transformative products, especially if your credit file is less than perfect.

🟠 We have also responded to the Financial Ombudsman Service’s Plans and Budget 2025/26 Consultation.

We welcome the consultation and the opportunity to offer our views. You can read our response in full on our website ☝️

Whether it be providing advice, helping to save, or helping people in financially vulnerable circumstances access fair and affordable credit - local credit unions are invaluable in tackling financial exclusion and increasing the financial wellbeing of households up and down the country.

The scheme plays a vital role in delivering long term funding to increase financial inclusion and improve the lives of millions of people. We look forward to continuing to work with the Government and the financial services sector to deliver permanent change on this important issue

Since we published findings last year, we've seen a complex economic year and with UK inflation increasing to an 8 month high, rising costs.

Here's a look back at how this was impacting people in financially vulnerable circumstances last year.

fair4allfinance.org.uk/blog-financi...

Since 2019, we've built a strong evidence base reflecting people's experience of financial exclusion, working with financial services experts & civil society.

We've highlighted the key issues we think must be addressed together to combat financial exclusion.

fair4allfinance.org.uk/our-prioriti...

The committee will explore measures needed to tackle financial exclusion and members will today discuss ways to help people in financially vulnerable circumstances access banking and affordable credit, improve savings and build financial resilience.

www.gov.uk/government/n...