Written Question·Treasury·UIN 98845

Bank Services: Young People

Tabled: 10 December 2025
Answered: 15 December 2025
Named Day

Question

Jim McMahon

Labour (Co-op)Oldham West, Chadderton and Royton

To ask the Chancellor of the Exchequer, what assessment has been made of trends of junior bank account openings and levels of savings for young people since 2015.

Answer

Lucy Rigby
Ensuring that individuals have access to appropriate financial services and products is a key Government priority. This is vital for supporting financial resilience and wellbeing and enables people, including young people, to fully participate in the econ...

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