A new campaign designed to raise the awareness of the problem of financial exclusion among charities and housing associations has been announced by chief secretary to the Treasury Des Browne.
The Financial Inclusion Taskforce campaign will provide charities and housing associations with the training and tools to help their clients to open bank accounts and enable them to access alternative borrowing alternatives.
At a conference yesterday Browne said: “Financial exclusion imposes real costs on individuals and their families – often the most vulnerable people in our society.
“That is why I am delighted to announce that funds will be made available so that these individuals can be supported by trusted intermediary organisations as they make important decisions about their finances,” he added.
Browne announced at the Financial Inclusion Taskforce conference yesterday that money from the Financial Inclusion Fund would be made available to support the campaign.