Speeches

Nigel Huddleston – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Nigel Huddleston on 2016-01-13.

To ask Mr Chancellor of the Exchequer, what recent steps he has taken to widen access to basic bank accounts.

Harriett Baldwin

Improving access to banking services is central to the Government’s agenda. I am therefore delighted that the nine largest personal current account providers in the UK have been offering new basic bank accounts since January 2016.

For the first time, truly fee-free basic bank accounts are available for anyone who doesn’t have an account, or can’t use their account due to financial difficulty.