Izzy Lepone 05 November 2025

Banking barriers removed for those at risk of homelessness

Banking barriers removed for those at risk of homelessness image
© Images3 / Shutterstock.com.

People without fixed addresses are to receive support in opening bank accounts.

As part of the Government’s new Financial Inclusion Strategy, major banks will be delivering a pilot project with housing and homelessness charity Shelter, designed to help those at risk of experiencing homelessness find paid work.

The scheme will enable people without fixed addresses to open bank accounts, eliminating a ‘major barrier’ faced when seeking employment or a home.

Following HSBC’s existing partnership with Shelter, the pilot project has been developed to include five further banks: Lloyds, NatWest, Barclays, Nationwide and Santander.

According to the Government, the financial strategy is intended to help 'those most at risk of being left behind' by improving access to savings, financial education and credit, as well as supporting individuals who have experienced domestic abuse in restoring their credit records.

Economic Secretary to the Treasury Lucy Rigby commented: ‘This plan is about opening doors – helping people experiencing homelessness into work, helping survivors of abuse rebuild their credit, and helping families save for a rainy day.

‘No one should be locked out of the chance to build a better future. Our strategy gives people the tools to get on and boosts the economy by supporting more people back into work through our Plan for Change.’

Lauren Thompson, Head of Corporate Partnerships at Shelter, said: ‘Every day at Shelter, we see the crippling financial pressures often faced by those hit the hardest by the housing emergency. Many are skipping meals just to cover rent, cutting back on essentials, and making impossible choices simply to stay afloat.

‘Access to banking can help people receive financial support, pay bills, and find and keep a safe home.’

Skills Pipelines: What local government needs to know image

Skills Pipelines: What local government needs to know

Councils and mayors are to be handed a central role in developing skills pipelines for local industries, as the Government unveils what it calls a ‘fundamental change’ to the education system aimed at tackling youth unemployment. Here's what council leaders and officers need to know.
SIGN UP
For your free daily news bulletin
Highways jobs

ESCA Development Assistant

Essex County Council
£25959.0000 - £27613.0000 per annum
ESCA Development AssistantFixed Term, Full Time£25,959 to £27,613 per annumLocation
Recuriter: Essex County Council

Tree Officer - North Herts Council

Essex County Council
£32653.0000 - £36773.0000 per annum
Essex County Council (ECC) are delighted to be advertising the Tree Officer role on before of North Herts Council. To apply for this position, please England, Hertfordshire, Letchworth Garden City
Recuriter: Essex County Council

Service Director - Education and Skills

Sandwell Metropolitan Borough Council
£98, 135 - £113,630
A pivotal role at the heart of our improvement journey. Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council

Waste Minimisation Support Advisor

Essex County Council
Up to £14.020 per hour
Waste Minimisation Support Advisor - Braintree District Council Braintree, Essex Full-Time, Temporary 37 Hours per Week £14.02 PAYE / £17.95 Umbrella England, Essex, Braintree
Recuriter: Essex County Council

Service Director - Commissioning and Partnerships

Sandwell Metropolitan Borough Council
£98, 135 - £113,630
A pivotal role at the centre of our ambitions for children, young people and families across Sandwell. Sandwell, West Midlands
Recuriter: Sandwell Metropolitan Borough Council
Linkedin Banner