Commons Sense

Hansard-based summaries and metrics

Financial Inclusion Strategy 2025-11-04

2025-11-04

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Response quality

Questions & Answers

Q1 Direct Answer
Gill Furniss Lab
Sheffield Brightside and Hillsborough
▸ Context
Earlier this year, Gill Furniss chaired a roundtable highlighting five key asks for financial inclusion. In her constituency, nearly 70% of adults are considered financially vulnerable.
I chair the all-party parliamentary group on debt and financial inclusion which highlighted our five key asks earlier this year. Nearly 70% of adults in my constituency are considered to be in financially vulnerable circumstances—among the highest proportions in the city. What steps does the Minister plan to take to measure the impact of the financial inclusion strategy? Will she meet me to discuss that?
Lucy Rigby (Economic Secretary to the Treasury)
As part of developing the strategy, the Government have engaged with Financial Inclusion Committee members and other organisations on how to measure the impact of the strategy. The strategy’s implementation will be reviewed two years from publication against outcomes-based metrics to provide an update on progress. I will be more than happy to meet her to discuss this.
▸ Assessment & feedback
Response accuracy
Q2 Partial Answer
John Glen Con
Salisbury
▸ Context
Against the advice of officials, John Glen advanced a no interest loan scheme when he was Economic Secretary. It is believed that one of Lucy Rigby's two predecessors may have suspended this scheme.
When I was Economic Secretary, against the advice of officials I advanced something called the no interest loan scheme. I am given to believe that one of the Minister’s two predecessors since the general election may have suspended that valuable attempt to support the most vulnerable in society. Will she look at that again in advance of the Budget in three weeks?
Lucy Rigby (Economic Secretary to the Treasury)
I am aware of the scheme that the right hon. Member talks about. He will appreciate that I cannot pre-empt the launch of the strategy tomorrow, nor indeed the Budget, but I would be more than happy to meet him to talk about it in more detail.
▸ Assessment & feedback
Pre-emption of the budget and strategy launch
Pre-Empting
Response accuracy