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Oral question asked in the House of Lords, by Lord German (Liberal Democrat). It was answered on Monday, 24 November 2014.


Universal Credit

Question

My Lords, universal credit is paid monthly and usually includes rent, which is quite a substantial slab of money. Can my noble friend tell us what progress he has made with the banks and credit unions to ensure that transactional bank accounts are available to people, so that they may take advantage of direct debits and standing orders?

Answer

We have a very active programme working with the banks to ensure that they provide services for the clients who are on universal credit. An exercise is currently going through to expand the ability of credit unions to provide these kinds of facilities by giving them a common banking platform.


Secondary information

Type
Oral question
Reference
757 c671 
Session
2014-15
Oral question type
Supplementary
Chamber / Committee
House of Lords chamber
Subjects
Universal credit
Link
View this Oral question on www.publications.parliament.uk