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APPG on Fair Banking Profile
APPG on Fair Banking

@APPGbanking

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Working in Parliament to encourage a finance system that allows people to flourish and business to thrive. Retweets are not endorsements.

Westminster
Joined July 2016
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@APPGbanking
APPG on Fair Banking
4 days
On Monday we launched our Car Finance report. Current redress plans could short-change millions as lenders keep £7.4bn. It’s time for a fair redress scheme that restores compensation and trust. Thanks @CourmacsLegal for sponsoring. Report: https://t.co/yN0t6QpyTH #CarFinance 🚗
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@APPGbanking
APPG on Fair Banking
8 months
Our Chair, @HattonLloyd, spoke about the need for legislation and the importance of a Fair Banking Act in rebalancing the banking sector, as seen below. @FBfACampaign @michaelsheen
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@APPGbanking
APPG on Fair Banking
8 months
‘Michael Sheen’s Secret Million Pound Giveaway,’ released on Monday, shone a light on the issues with the UK’s credit system and the devastating impacts it has for people on low incomes. See the full documentary here:
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@APPGbanking
APPG on Fair Banking
11 months
Tomorrow we're in Court on behalf of victims of the IRHP mis-selling scandal. The exclusion of so many SMEs from fair redress and the subsequent financial losses faced cannot be ignored. See our Crowd Funding page for more information on the case 👇 https://t.co/RnIiPbWJmD
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crowdjustice.com
The APPG is a cross-party group of MPs and Peers co-chaired by Kevin Hollinrake MP.
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@APPGbanking
APPG on Fair Banking
11 months
Other speakers, including experts from @CFS_RUSI, @NatWestGroup, Signicat, Cifas, and @CityPolice, offered crucial industry insight. Issues covered included the importance of data sharing and the need for more action from Government to address the vast scale of the fraud threat.
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@APPGbanking
APPG on Fair Banking
11 months
APPG Chair @lukejcr and @taxinparliament member @Phil_Brickell emphasised the damaging effects of fraud on people’s lives and the need for a holistic approach to combat the issue, pointing to the recommendations of our Economic Crime Manifesto 👇 https://t.co/tqV80pA1sh
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@APPGbanking
APPG on Fair Banking
11 months
Great to host a reception yesterday with @CifasUK, discussing identity theft, AI and deepfake fraud. This well attended event demonstrated real momentum behind tackling fraud, from industry experts and parliamentarians, providing a great opportunity for constructive conversation.
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@APPGbanking
APPG on Fair Banking
1 year
Seven years too long – victims of the £1bn HBOS fraud are still left without the findings of the Dobbs review. Justice and transparency demand that the bank release the entire report; piecemeal "findings" aren't enough. It's time Lloyds provides overdue answers to those harmed.
@jameshurley
James Hurley
1 year
Pressure builds over Lloyds refusal to commit to publishing long-delayed report into whether it covered up a £1bn lending scandal. Lord Tyrie, Baroness Morgan and a Lloyds staff union call for intervention of MPs https://t.co/QykfjZaMwG
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@APPGbanking
APPG on Fair Banking
1 year
Compensation for Post Office Horizon victims is long overdue. This inquiry is a key step toward justice, but it’s crucial all sub-postmasters receive full and fair redress for the harm caused. For recommendations, see our Compensation and Redress report👇 https://t.co/lpAW8mmPh1
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appgbanking.org.uk
@itvnews
ITV News
1 year
EXCLUSIVE: A parliamentary inquiry looking at delays in compensation settlements for subpostmasters impacted by the Horizon scandal will be launched next week https://t.co/FhbLkPZ8PJ
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@APPGbanking
APPG on Fair Banking
1 year
We echo this thanks to all who attended and spoke at Monday’s roundtable. It’s great to see the momentum that this campaign is gaining and we look forward to continuing our work with @FBfACampaign, working towards a fairer banking system for all👇
@FBfACampaign
Fair Banking for All
1 year
👏👏👏 A huge thank you to everyone who took part in our #FairBankingForAll parliamentary roundtable with @APPGbanking. @MoneyMatix @lendologycic @michaelsheen @Alpkit @fsb_policy @ABCULCUs @TheFinanceLab Find out more about the campaign here 👇 https://t.co/DNi0wE7Tv6
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@APPGbanking
APPG on Fair Banking
1 year
Personal guarantees damage trust between SMEs and their lenders, and may ultimately stifle entrepreneurship and inhibit growth. But more must be done to support SMEs, particularly improving access to suitable credit. See our SME manifesto here 👉 https://t.co/wEPpycMiZZ
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@APPGbanking
APPG on Fair Banking
1 year
4/ This well attended roundtable, including APPG Co-Chair @DavidBSampson and fellow MPs @josephpowell and @DavidTaylor85, demonstrated that there is real momentum behind this campaign. For more on the Fair Banking Act, visit the Campaign website here 👉 https://t.co/C8OFXeNnvk
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@APPGbanking
APPG on Fair Banking
1 year
3/ We were also joined by @michaelsheen, who shared his perspective after years campaigning for financial inclusion. His powerful testimony highlighted financial exclusion from the individual to the regional level, and the urgent need for change to improve people's lives.
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@APPGbanking
APPG on Fair Banking
1 year
2/ APPG Chair @HattonLloyd: "This new Labour Government is listening, and they want to try and do things differently. I sincerely hope that the proposals in the Fair Banking Act are at the heart of their approach to improving financial inclusion in the UK."
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@APPGbanking
APPG on Fair Banking
1 year
1/ Great to hear valuable insights from contributors including @ABCULCUs @Alpkit @fsb_policy @lendologycic @MoneyMatix @TheFinanceLab at yesterday’s roundtable on the merits of a Fair Banking Act in the UK.
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@APPGbanking
APPG on Fair Banking
1 year
Financial institutions like Revolut must prioritise stronger security measures to protect customers from fraud. By improving safeguards and responding faster, they can reduce risks and maintain customer trust. Proactive steps against fraud benefit both the company and its users.
@BBCNews
BBC News (UK)
1 year
Jack watched helplessly as more than £150k was taken from his account. Is Revolut a safe place to deposit cash?
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@FBfACampaign
Fair Banking for All
1 year
Thanks to @FairByDesign for organising this #Lab24 panel on how a Labour government can support low-income consumers. With @NewStatesman @HarryClrke @TulipSiddiq @martin_coppack @Fair4AllFinance @sarahporretta @Hannah_Gurga & @TheFCA. #LPC24 #financialinclusion
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@APPGbanking
APPG on Fair Banking
1 year
Victims of the HBOS fraud scandal have waited over seven years for conclusions from the Dobbs review. An interim report could offer clarity and insight into what has transpired during this prolonged process. See the @thetimes article by @jameshurley here👉 https://t.co/wwLZFwpFmA
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thetimes.com
The Dobbs review threatens to rival some of the slowest official reports in British history and patience is wearing thin
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@APPGbanking
APPG on Fair Banking
1 year
A promising announcement from @bankofengland, outlining plans to reduce capital requirements for loans, which will support SME growth. As a key recommendation in our recent SME Manifesto, we thoroughly support this move. See more of our manifesto here 👉 https://t.co/oeIFNEk4Je
@guardiannews
Guardian news
1 year
Bank of England waters down plans to impose tougher capital rules on UK banks
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@APPGbanking
APPG on Fair Banking
1 year
Security Minister @DanJarvisMBE acknowledged that there is more work to be done and outlined some of the Government's plans to tackle fraud in the UK, including the implementation of a national fraud squad led by the @NCA_UK and @CityPolice 👇 🧵(4/4)
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