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Financial exclusion is a major part of the cost of living crisis - with a million people in England alone turning to illegal money lenders because there aren't enough responsible finance providers.
We need a Fair Banking Act
#fairbankingforall
https://t.co/iPE8AYCEzV
To transform the banking and credit needs of underserved communities, we “need mainstream banking services on our side and the Government needs to act to make that happen” says Dawn Vear of UKCredit Unions Ltd in the Daily Mirror today.
The recent banking crisis highlights the need for stronger regulations, not weaker ones. @JesseLGriffiths explores the reasons behind the crisis and the importance of financial regulation to protect the public & prevent future crises in the banking sector https://t.co/TqJAR0DTNC
68% of people in the UK think it’s unfair that some people get different levels of service from banks because of their status or background. A Fair Banking Act would change that - find out how here: https://t.co/adpIhX7s56
#FairBankingForAll
Millions of people on low incomes are suffering from high costs, stress & hardship because they are denied access to basic banking services. A Fair Banking Act would address this. Read more about it here: https://t.co/fEgUF4wotp
Nearly 7 in 10 would support a new law requiring banks to report on how equally they provide services to people from different backgrounds or status.
Read why this is important, and how it’s possible here: https://t.co/adpIhX7s56
Out now! New policy paper ‘Fair Banking for All: Why the UK needs a Fair Banking Act to tackle financial exclusion’, outlines how we can create a step-change for financial inclusion in the UK. #FairBankingForAll https://t.co/AZoLWdXBiV
@TheFinanceLab
We’re proud to have worked with our community partners to release a new policy paper: ‘Fair Banking for All: Why the UK needs a Fair Banking Act to tackle financial exclusion’. #FairBankingForAll
Read it here: https://t.co/adpIhX7s56
The research calls for a Fair Banking Act to help solve these problems and address financial inclusion in the UK.
Here at the thoughts of @martin_coppack.
📢Out now! New policy paper ‘Fair Banking for All: Why the UK needs a Fair Banking Act to tackle financial exclusion’, outlines how we can create a step-change for financial inclusion in the UK. #fairbankingforall https://t.co/adpIhX7s56
an idea whose time has come!!
a fair banking act would require “banking institutions to disclose their performance on financial exclusion … [expanding] fair access to credit regardless of people’s backgrounds or where they live.”
well done @TheFinanceLab on the new report
Nearly 7 in 10 would support a new law that forces banks to report on how equally they provide services to people from different backgrounds. Read more about the Fair Banking Act in a new policy paper. #fairbankingforall https://t.co/HKp6NaGuLd
"All the ingredients are there for another banking crisis: governments delusional about the risks of a deregulated finance sector, incompetent finance chiefs, obscene bonuses being paid to bankers ... "
My latest for @theipaper. Read in full at: https://t.co/oYycA37tdb
But this is not just a US problem - the UK is currently undertaking the biggest financial deregulation ‘in a generation’. This needs to be stopped.
/ENDS
How ‘competitive’ would you like your bank regulation now? Brilliant piece on why govt needs to reverse its programme of deregulation from @helentbiz https://t.co/s8S6ygnvPy
On #NationalEmptyHomesWeek, we’re asking residents who own an empty home to get in touch. Empty homes can attract vandalism, fly-tipping & other acts of criminal activity. Email [email protected] or call 017322 227000 to see the options available to you. @emptyhomes