We need a Fair Banking Act to tackle the cost of living with more affordable loans Tackling the cost-of-living crisis and delivering sustained growth on high streets up and down the country requires our high street banks to do mor...

1/ 🧵High-cost credit is holding people & #SMEs back.

@gareththomasmp.bsky.social calls for government action to expand #AffordableCredit - tackling the cost of living crisis & supporting economic growth through a #FairBankingAct.

@politicshome.bsky.social

#FairBankingForAll

bit.ly/3Nk0v9G

'A fair banking act is essential to expand access to affordable credit' - LabourList Millions are locked out of affordable credit. A Fair Banking Act would expand access, boost enterprise and tackle inequality says Gareth Thomas MP.

Tomorrow, @gareththomasmp.bsky.social brings a Bill to parliament to tackle exclusion from #AffordableCredit through a #FairBankingAct.

Read his article for @labourlist.bsky.social below 👇

@coopparty.party.coop @fsb-uk.bsky.social

#FairBankingForAll

bit.ly/4sxWXk1

Lending to small businesses and low-income areas must expand, say Labour backbenchers Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible

📢 On Wednesday @gareththomasmp.bsky.social will table the Financial Exclusion & Access to Finance Bill, taking action on access to #AffordableCredit through #FairBankingAct proposals.

Read about it in @guardianheather.bsky.social's article.

#FairBankingForAll

www.theguardian.com/business/202...

Forcing UK banks to support credit unions would help keep loan sharks at bay | Heather Stewart High street banks dodged a windfall tax – now they should invest in growth of local lenders

Huge thanks to @guardianheather.bsky.social for highlighting the call for a #FairBankingAct to bring banks together with #creditunions and #CDFIs to ensure people can access #affordablecredit when they need it.

bit.ly/44dqFAv

@coopparty.party.coop

The government has published their Financial Inclusion Strategy. What comes next? - Finance Innovation Lab At the end of October, I sat in a room in Glasgow with seven remarkable people. Each of them has had to ask a bank for help at some point, and each of them has been turned away. I listened as they tal...

The government has published their Financial Inclusion Strategy. What comes next?

#FinancialInclusion #AffordableCredit #FairBankingAct #CommunityFinance #FairBankingForAll
@thefinancelab.bsky.social @fairbydesign.bsky.social

financeinnovationlab.org/the-governme...

Financial Inclusion, But Who Is Included? A Response to the 2025 Strategy The new Financial Inclusion Strategy sets out a wide-ranging plan covering banking access, savings, insurance, affordable credit and financial education. There is a lot in it that is positive and wort...

Financial Inclusion, But Who Is Included? A Response to the 2025 Strategy 🙌👇

#FinancialInclusion #AffordableCredit #CommunityFinance #RaceEquity #FairBankingForAll @neweconomics.bsky.social @runnymedetrust.bsky.social

www.linkedin.com/pulse/financ...

📢 The government’s Financial Inclusion Strategy is out. Some practical steps on #AffordableCredit are welcome, but it still falls short of the scale of change needed.

A #FairBankingAct would provide the clear, measurable framework this issue deserves.

#FairBankingForAll

Two men and two women stand together indoors, smiling at the camera. The man on the left wears glasses and a checked shirt. Next to them is a woman in a patterned blazer. The third person, wearing a dark jacket, holds a leaflet that says “Fair Banking For All.” The fourth person, in a grey blazer, also holds a leaflet with the same text. The group is in a well-lit lobby with stairs and wooden paneling in the background.

Last week we met @mchshe.bsky.social @skinnock.bsky.social & Kate Pender to talk about why #AffordableCredit matters in strengthening communities & driving economic growth - & the need to scale #CreditUnions & #CDFIs which provide vital lifelines for communities & businesses.

#FairBankingForAll

Was great to talk with @bbccymruwales.bsky.social about the #AffordableCredit crisis and the need for a #FairBankingAct. Thank you, diolch.

@bbccymruwales.bsky.social

#FairBankingForAll

Yesterday, BBC Radio Wales highlighted why it’s vital to expand access to #AffordableCredit through #CDFIs & #CreditUnions - and how a #FairBankingAct could help.

#FairBankingForAll

t.co/Avwkw67ZQF

A compelling piece in this week’s @yorkshirepost.co.uk by Matt Smith, CEO at The Key Fund on the difference lending by #CDFIs makes to businesses and communities, and the need for a #FairBankingAct to support the sector.

bit.ly/43xK6Us

#FairBankingForAll
#AffordableCredit

I got a loan to help me pay for my dad's funeral. It sent me spiralling into debt The Poverty Alliance and Fair By Design gave cameras to 15 people on low incomes to show what being refused credit or a loan meant for them.

Charlotte’s powerful story shows why access to #affordablecredit when people need it is so important - no one should have to pay a #povertypremium to access financial products.

bit.ly/43gp2k2

@fairbydesign.bsky.social
@povertyalliance.org
@bigissue.com

#FairBankingForAll
#Givemesomecredit

A head and shoulders image of a woman looking at the camera smiling. Text reads “Credit isn’t a solution to poverty, but it can be a vital lifeline for people needing relatively small short-term loans, preventing difficult situations escalating into real crises.” Kay Polley, Finance Innovation Lab. @FBfACampaign #FairBankingForAll www.fairbankingforall.org

Millions of people who can’t access #affordablecredit have to pay a #povertypremium.

A #FairBankingAct would mean fair access to credit for people & businesses currently excluded.

Email your MP to ask for their support.

#FairBankingForAll

justmoney.eaction.online/FairBanking

Michael Sheen's Secret Million Pound Giveaway Michael buys £1m of debt from hundreds of people in Wales. And then writes it all off.

Millions of people who can’t access #affordablecredit have to pay a #povertypremium. A Fair Banking Act would mean fair access to credit for people currently excluded. Brilliant to see this issue covered in Michael Sheen's Secret Million Pound Giveaway.

Already working on planning the follow up at @libraryofmistakes.bsky.social on 5th March.
#creditunion #affordablecredit #financialwellbeing #financialcapability #communityfinance #cdfi