Found: One potential solution to this is getting the credit unions to work more closely where there is that

Found: Civil Engineering 483 0.2% Computer & Related Activities 6697 3.3% Construction 19905 9.9% Credit

Found: Post Office’s Everyday Banking services in partnership with over 30 banks, building societies and credit

Found: Building Societies Association (BSA) represents all 43 UK building societies, as well as seven credit

Found: principles for banksNot considered - does not meet Sub- Committee criteria Oct 22 PRA PRA (CP7/22) Credit

Found: principles for banksNot considered - does not meet Sub- Committee criteria Oct 22 PRA PRA (CP7/22) Credit

Found: Institutions: oProvide insights into different financial institutions and their services, such as banks, credit

Found: Savings Clubs: Our Savings Clubs are currently a collaboration with schools and local credit unions

Found: institutions, offering students practical learning experiences through interactions with banks, credit

Question to the HM Treasury:

To ask His Majesty's Government, following reports of the shrinkage of the non-prime lending market, what steps they are taking to ensure that vulnerable customers have access to fair and regulated credit products.

Answered by Baroness Vere of Norbiton - Parliamentary Secretary (HM Treasury)

The government is committed to taking steps to widen access to affordable credit, and is overseeing a number of initiatives to support this goal.

Since 2019, the government has made £100 million of dormant assets funding available to Fair4All Finance to support their work on financial inclusion, and an additional £45 million for initiatives to tackle the elevated cost of living. The government has also provided Fair4AllFinance with £3.8m of funding to pilot a No-interest Loans Scheme, designed for consumers in vulnerable circumstances who would benefit from affordable rather than high-cost credit.

As part of the Financial Services and Markets Act 2023, the government has amended the Credit Unions Act 1979 so that credit unions in Great Britain can offer a wider range of products and services.

Found: 14.3 National Savings Bonds 1 0.1 1.8 1.2 1.6 Company Share Scheme / profit sharing 2 0.1 2.4 1.3 1.9 Credit

Found: Unions 1 1 1 3 12 1 1 1 1 [low] [low] [low] 2 4 1 [low] [low] Informal assets 3 3 1 4 2 3 2 3 3 3 2

Found: was launched on 1 December 2015 with accounts available through banks , building societies and credit