Financial Services

(asked on 5th February 2018) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer pursuant to the Answer of 1 February 2018 to Question 125390, how the £55 million fund for financial inclusion and capability initiatives will be allocated.


Answered by
John Glen Portrait
John Glen
This question was answered on 8th February 2018

The government recently announced that up to £330 million will be unlocked from dormant accounts, £55 million of which is set to be used for financial inclusion and capability initiatives. Further details on the allocation process for this £55 million will be released in the spring.

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