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.
Question
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?
Answer from 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.
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