{"id":6451,"date":"2010-03-24T11:08:53","date_gmt":"2010-03-24T09:08:53","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=6451"},"modified":"2010-03-24T11:08:53","modified_gmt":"2010-03-24T09:08:53","slug":"banking-the-unbanked","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/03\/24\/banking-the-unbanked\/","title":{"rendered":"Banking the &#8220;unbanked&#8221;"},"content":{"rendered":"<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/719b7e4e-36c8-11df-bc0f-00144feabdc0.html\">FT.com \/ UK \/ Politics &amp; policy - Banks face \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2payback time&rsquo; in Budget <\/a>.<\/p>\n<blockquote><p>The chancellor will also confirm that banks will be required to make simple current accounts available to all citizens, to help tackle the problem of &ldquo;financial exclusion&rdquo; among 1.75m &ldquo;unbanked&rdquo; Britons.<\/p><\/blockquote>\n<p>This is vital if predatory lenders are to be beaten and poverty is to be eased.<\/p>\n<p>But the conditions have to be tight - not least very low or no charging. And overdraft notification fees must reflect marginal cost for  supplying them - little more than a stamp in other words.<\/p>\n<p>The days of the banks exploiting ordinary people have to end.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT.com \/ UK \/ Politics &amp; policy &#8211; Banks face \u00e2\u20ac\u0161\u00c3\u201e\u00c3\u00b2payback time&rsquo; in Budget . The chancellor will also confirm that banks will be required<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2010\/03\/24\/banking-the-unbanked\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[],"class_list":["post-6451","post","type-post","status-publish","format-standard","hentry","category-banking"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=6451"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/6451\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=6451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=6451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=6451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}