So we want to do more to help people start a bank account and start saving, more to help people invest in their pension, more to help people get on to the first rung of the savings ladder and make provision for their future.
Today in Britain up to 3.5 million adults have no bank account. The Cruickshank Report has revealed that a basic affordable bank account for everyone would be profitable for the banks and that using banking facilities - and not the cash economy - just to pay gas and electricity bills could save families 50 pounds a year, or one pound a week.
I am now inviting the banks to work with the Post Office to offer this basic banking service to all. - Chancellor of the Exchequer, Gordon Brown, Budget speech 2000
Since 2003, the number of people without a bank account has been halved.Nothing new to see here, move along please.
I can announce today we will do more to combat financial exclusion, through a guarantee that everyone can have a basic bank account.
This will mean, over the next five years, up to a million more people will have access to bank accounts – something essential in the modern world. - Chancellor of the Exchequer, Alistair Darling. Budget speech 2010
Credit to 'Chris' for a comment in Budget Live blog.
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