UK to launch pilot scheme that helps homeless people access banking

UK to launch pilot scheme that helps homeless people access banking

Five biggest banks take part in programme that will also help domestic abuse victims recover their credit score

Homeless people will for the first time be able to open accounts with the UK’s five biggest banks, in a pilot scheme marking the launch of the government’s financial inclusion strategy.

The Treasury said its new national plan was meant to ensure financial services “worked for everyone”, as it also revealed programmes that could help rebuild the credit scores of domestic abuse victims, support families with no savings and roll out financial education in primary schools across the UK.

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