Bishop of Southwark asks about access to cash for vulnerable groups

During a debate on cash infrastructure in the UK on 20th July 2023, the Bishop of Southwark asked a question on the use of cash by vulnerable groups such as the elderly, those with mental health issues, and those on low incomes:

The Lord Bishop of Southwark: My Lords, the data tells us that cash usage is higher among higher age groups, those with mental health issues, those on lower incomes and other categories. Does the Minister agree that what works in terms of digital payments for some groups in society and proves financially viable for major banking institutions simply does not work for large numbers of people in a diocese of 3 million such as Southwark, and many others?

Continue reading “Bishop of Southwark asks about access to cash for vulnerable groups”

Bishop of St Albans asks about collapse of the Equitable Life insurance scheme

The Bishop of St Albans received the following written answer on 28th June 2021:

The Lord Bishop of St Albans asked Her Majesty’s Government:

  • what recent consideration they have given to ensuring that there is (1) compensation, and (2) support, available to those affected by the collapse of Equitable Life.
  • what plans they have to assess the methodology used to calculate the money owed to Equitable Life policyholders as part of the compensation scheme established under the Equitable Life (Payments) Act 2010, and (2) the accuracy of the figures produced by that methodology.
Continue reading “Bishop of St Albans asks about collapse of the Equitable Life insurance scheme”

Bishop of St Albans asks about financial ethics concerns

The Bishop of St Albans received the following written answers on 22nd February 2021:

The Lord Bishop of St Albans asked Her Majesty’s Government what assessment they have made of the ethical implications of awarding public contracts to firms which (1) directly, or (2) indirectly, help to promote tax avoidance.

Continue reading “Bishop of St Albans asks about financial ethics concerns”