Financial Inclusion in the UK

Research output: Book/ReportCommissioned report

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Abstract

The Centre on Household Assets and Savings Management (CHASM) at the University of Birmingham has been commissioned to undertake a rapid review of financial inclusion by the Financial Inclusion Commission (FIC, or ‘the Commission’). This report provides the findings of that work, focusing primarily on evidence published between January 2022 and March 2024 due to the significant changes in the economy in recent years, including COVID-19 and the cost-of-living crisis.

The full review (below) looks at financial inclusion both in terms the types of products and services required and the groups of people most likely to be excluded, before making suggestions for potential approaches to tackle exclusion – preferably within the framework of a national strategy. This overview highlights key findings and possible approaches – again with the intention that these are incorporated into a national strategy for financial inclusion.
Original languageEnglish
Place of PublicationBirmingham
PublisherUniversity of Birmingham, CHASM
Commissioning bodyFinancial Inclusion Commission
Number of pages52
Publication statusPublished - 5 Aug 2024

Keywords

  • financial inclusion
  • financial exclusion
  • social exclusion
  • banking access
  • financial services
  • credit access
  • debt, savings, investment
  • pensions
  • insurance

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