Anna Sabine

Anna Sabine

Liberal Democrat — Frome and East Somerset

Speaking in the House of Commons on 11 December 2024

Debate

Financial Inclusion: Rural Areas

Contribution

I absolutely agree with the hon. Gentleman. In my constituency, cash deposits are valued at £2.1 million each month, which shows how reliant small businesses and charities are on having access to banking facilities that allow them to withdraw and deposit money. I would also like to talk about digital inclusion. In a world that is increasingly moving online, many elderly and vulnerable people are being left behind. Older people are not necessarily comfortable using online or even phone banking. They are being forced on to those services, which reduces their financial inclusion and puts them at greater risk of financial fraud. Rural communities can find themselves doubly excluded as more banking services move online, with a lack of access to cash facilities locally and poor digital connectivity.

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