Issue - meetings

This report draws on a number of issues for Brent in relation financial inclusion and sets out the strategic objectives, as informed by our consultation with partners, to deliver the attached Financial Inclusion Strategy and Action Plan.

(i)         that the strategic approach as set out in the Financial Inclusion Strategy and Action Plan at Appendix 1 be endorsed;

(ii)        that the content of the Equality Impact Assessment which as set out in Appendix 2 to this report be noted.

On behalf of Councillor Mashari (Lead Member, Employment and Skills), Councillor Butt (Leader of the Council), in introducing the report from the Chief Operating Officer, summarised the aims of the Financial Inclusion Strategy which sought to assist residents to improve their financial health by enhancing their financial capability to plan for and make the right decisions, reduce living costs particularly for those on low incomes or on benefits, particularly in the light of recent changes to the benefits system and the introduction of Universal Credit. The strategy drew on a number of issues for Brent in relation financial inclusion and set out the strategic objectives, as informed by consultation with partners, to deliver the Financial Inclusion Strategy and Action Plan.

RESOLVED:

(i)         that the strategic approach as set out in the Financial Inclusion Strategy and Action Plan at Appendix 1 to the report from the Chief Operating Officer be endorsed;

(ii)        that the content of the Equality Impact Assessment which as set out in Appendix 2 to the report be noted.