Oral evidenceSelect & Joint CommitteesWednesday, 25 March 202614:00

Treasury Committee: Financial Inclusion Strategy

Committee hears from witnesses

The Treasury Committee is holding oral evidence sessions to scrutinise the government's Financial Inclusion Strategy. This examines how the UK ensures people and communities have access to affordable financial services, banking, credit, and support — particularly those on low incomes or in vulnerable circumstances. The inquiry will explore barriers to financial participation and evaluate the strategy's effectiveness in addressing exclusion.

Financial inclusion directly affects millions of UK households' ability to manage money, access credit, and build savings. Poor financial inclusion drives poverty, reduces economic participation, and increases reliance on high-cost borrowing. The findings will influence Treasury policy on banking access, debt support, and cost-of-living measures affecting vulnerable populations.

Tax & Public Finances Cost of Living Jobs & Employment

Committee mentioned:Treasury Committee

Committee members

Sir Keir StarmerLabour Party

Holborn and St Pancras

Prime Minister and First Lord of the Treasury — portfolio topic overlap (35pts); Spoken on fiscal-policy, cost-of-living, labour-market (48 times, 40pts); Known positions: economy-jobs: supportive, cost-of-living: supportive, cost-of-living: opposed (30pts)Voting record

Dame Harriett BaldwinConservative and Unionist Party

West Worcestershire

Shadow Business and Trade — portfolio topic overlap (35pts); Spoken on fiscal-policy, cost-of-living, labour-market (82 times, 40pts); Known positions: economy-jobs: opposed (10pts); Committee: treasury committee (20pts)Voting record

Rachel ReevesLabour Party

Leeds West and Pudsey

Chancellor of the Exchequer — portfolio topic overlap (35pts); Spoken on fiscal-policy, cost-of-living, labour-market (46 times, 40pts); Known positions: economy-jobs: supportive, cost-of-living: supportive (20pts)Voting record

Debbie AbrahamsLabour Party

Oldham East and Saddleworth

Spoken on fiscal-policy, cost-of-living, labour-market (42 times, 40pts); Known positions: economy-jobs: questioning, cost-of-living: supportive, economy-jobs: opposed (30pts); Committee: work and pensions committee (Chair) (25pts)Voting record

James MurrayLabour and Co-operative Party

Ealing North

Chief Secretary to the Treasury — portfolio topic overlap (35pts); Spoken on fiscal-policy, cost-of-living, labour-market (51 times, 40pts); Known positions: economy-jobs: supportive, cost-of-living: supportive (20pts)Voting record

Treasury Committee: Financial Inclusion Strategy

Committee members

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