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Financial Inclusion

Volume 450: debated on Thursday 26 October 2006

14. To ask the Chancellor of the Exchequer what steps his Department is taking to improve levels of financial inclusion; and if he will make a statement. (97069)

The Government’s £120 million Financial Inclusion Fund is supporting new initiatives to increase access to banking, affordable credit and face-to-face money advice, with around 450 new money advisers. An independent Financial Inclusion Taskforce is monitoring progress and I will report to the House on next steps in the new year.