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United Kingdom · Question · Written question

UIN 198596

Bank Services

answeredUnited Kingdom· UK Parliament· EN

Introduced

11 September 2023

Last action

18 September 2023 · Answer

Status

Answered

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Discovery layer

Source updated

18 September 2023

Summary

To ask the Chancellor of the Exchequer, whether he has made an estimate of the number of people who do not have access to a bank account.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 September 2023

    Written question

    To ask the Chancellor of the Exchequer, whether he has made an estimate of the number of people who do not have access to a bank account.

    Source: Commons

  2. 18 September 2023

    Answer

    The Financial Conduct Authority estimates that 1.1 million of UK adults (2.1%) were ‘unbanked’ in May 2022 – down from 1.3 million UK adults (2.5%) in 2017. The government is committed to improving access to financial services and recognises that access t...

    Source: Written answer

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