Decision details

Financial Inclusion Update

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

Outlines the Council's role in delivery of the Financial Inclusion agenda and seeks approval to develop this area of work further.

Decision:

That Cabinet:

 

a)    Continue to support Officers to represent the Council and contribute to the work of the North Staffordshire Financial Inclusion Group (FIG) in order to ensure that the Borough benefits from the work set out in the FIG action plan.

 

b)    Endorse Officers in continuing to build on the work already undertaken to address issues faced by some our most disadvantaged residents and to help to address wider social issues leading to positive outcomes.  This focus of this work can be categorised into the following priorities;

                              i.        Planning and responding effectively to the challenges of welfare reform;

                            ii.        Contributing to and improving financial education

                           iii.        Improving the access to financial services and affordable credit

                           iv.        Improving the awareness of and access to quality debt advice and the promotion of savings and insurance.

Report author: Sarah Moore

Publication date: 25/03/2015

Date of decision: 25/03/2015

Decided at meeting: 25/03/2015 - Cabinet

Accompanying Documents: