UK near bottom of EU financial exclusion table

In the European Commission’s financial services provision and prevention of financial inclusion report – only Ireland, Spain, Portugal, Italy and Greece have a higher percentage of the public financially excluded in the EU 15. The EC says financial exclusion, difficulty accessing and using financial services and products, hinders a person’s ability to “lead a normal social life in the society in which they belong”. While the Eurobarometer data paints a poor picture for the UK, the number of people with no revolving credit is 30% (ranked fifth) and those with no savings total 22% (ranked s...