Voluntary Action Rotherham

Download a PDF produced by Transact that summarises the main elements of the budget that relate to financial inclusion work.

To download the document click here.

For this and more visit the useful links pages here.

For financial inclusion the key part of the Chancellor's budget speech was the intention to introduce a new 'universal service obligation' giving all UK citizens the right to a basic bank account. The Treasury will begin consultation shortly on the details. This announcement has met with delight by those working in financial inclusion. For reaction and analysis visit the Transact news page.

Today the Chancellor announced the Budget for 2010 and the financial inclusion agenda features prominently in a number of new measures, including the much anticipated announcement that consumers will be given new rights to access banking. In addition to this it was confirmed that the first Savings Gateway accounts will be launched in July 2010, and extra support will be made available for parents of children who are one or two years old, a key group at risk of financial exclusion.