The Finance Innovation Lab is part of the Fair Banking for All Campaign, a coalition of purpose-driven finance institutions, organisations working to tackle financial exclusion, civil society organisations and academics. This paper builds on discussions held in four workshops during 2022 and early 2023, and many more one-to-one conversations.
A Fair Banking Act has the potential to transform our financial system, as well as the lives of millions of people in the UK. We believe it should be a key commitment in manifestos ahead of the next general election.