Treasury written question – answered am ar 17 Gorffennaf 2013.
William Bain
Shadow Minister (Scotland)
To ask the Chancellor of the exchequer if he will estimate the number of people without access to basic banking facilities in each parliamentary Constituency in the UK; and what plans his Department has to reduce this number.
Sajid Javid
The Economic Secretary to the Treasury
The Government do not collect this data.
The UK's basic bank account policy has been successful in driving down the number of individuals without access to such accounts within the UK. The Government is continuing to work with UK industry on access to bank accounts ahead of the introduction of universal credit and has recognised the recommendations of the Parliamentary Commission on Banking Standards regarding UK basic bank accounts.
The Parliamentary Commission on Banking Standards recommended that the major banks come to a voluntary agreement on minimum standards for basic bank accounts, including the free use of the ATM network.
Yes1 person thinks so
No1 person thinks not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
In a general election, each Constituency chooses an MP to represent them. MPs have a responsibility to represnt the views of the Constituency in the House of Commons. There are 650 Constituencies, and thus 650 MPs. A citizen of a Constituency is known as a Constituent
