MyBnk is proud to join leading voices like Martin Lewis CBE, Charles Randell CBE and our friends from across the charity sector in urging the UK Chancellor Rachel Reeves to make financial inclusion a priority for the Financial Conduct Authority (FCA).
Led by the Financial Inclusion Commission (FIC), the letter submitted to the Chancellor on Thursday 3 October includes signatories from MyBnk as well as Citizens Advice consumer watchdog, the Chartered Insurance Institute, the Consumer Council for Northern Ireland and many more.
The letter, which calls for financial inclusion to be a priority in the Chancellor’s forthcoming remit letter to the FCA, can be read in full here.
Speaking on the topic, MyBnk CEO Leon Ward stressed the importance of financial inclusion for young people and driving long-term change:
“At MyBnk, we see firsthand the impact that exclusion from basic financial services has on young people, especially those from disadvantaged backgrounds.
Financial inclusion isn’t just a moral obligation—it’s essential for economic growth. By making access to affordable credit, savings, and financial products a priority, we can empower individuals and families to build brighter financial futures.
Together, we must ensure that everyone has the tools they need to navigate today’s complex financial landscape. This is about driving change for the long term—innovating financial services to be inclusive and accessible to all.”
Prior to co-signing the letter, MyBnk were invited to join a roundtable hosted on financial inclusion. Angela Hillan, MyBnk’s Northern Ireland Manager, was in attendance:
“MyBnk was honoured to attend the financial inclusion roundtable last month. It was inspiring to learn from the experiences of organisations working across the UK, sharing solutions that could transform financial futures.
By continuing to collaborate on innovative approaches and policy changes, we can drive meaningful progress in financial inclusion—not just in Northern Ireland, but nationwide—ensuring that no one is left behind in accessing the tools and education needed for financial wellbeing.”
More coverage on can be found in the Financial Times: UK chancellor urged to tell watchdog to focus on financial inclusion
