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UK commits to improve access to credit, insurance to boost financial inclusion

( November 5, 2025, 11:19 GMT | Official Statement) -- MLex Summary: The UK government has published its plan to boost financial inclusion and committed to remove barriers to financial participation. The Financial Inclusion Strategy covers six main areas: digital inclusion and access to banking; savings; insurance; access to credit; tackling problem debt; and financial education. The strategy includes moves such as establishing a working group on travel insurance for people with pre-existing mental health conditions, making financial education compulsory in primary schools, and creating a £30 million fund to support credit union transformation. The strategy was developed with input from civil society and industry, and the government has said it will review progress in 2027.Statement is attached....

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