UK to Launch Pilot Scheme That Helps Homeless People Access Banking

Homeless people will for the first time be able to open accounts with the UK’s five biggest banks, in a pilot scheme marking the launch of the government’s financial inclusion strategy.

The Treasury said its new national plan was meant to ensure financial services “worked for everyone”, as it also revealed programs that could help rebuild the credit scores of domestic abuse victims, support families with no savings and roll out financial education in primary schools across the UK.