Norwich MP eyes lottery bid to help people manage money
Lottery money could be key to helping families in Norwich get the confidence to take better control of their finances, according to a city MP.
Norwich North MP Chloe Smith has called for a concerted drive to ensure people in Norwich are equipped with sound financial knowledge when it comes to making the most of their money.
Miss Smith has established a network called the Financial Capability Forum – made up of charities such as the Citizens Advice Bureau and the Norfolk Community Advice Network and local bank branches – to make it easier for people to get information about financial services and products.
And she says the opportunity is there for Big Lottery money to support financial education for people living in social housing – people who are sometimes denied even the opportunity to open a bank account.
She said: 'In difficult economic times, people need help with money more than ever before. There is a rare opportunity available to bring together financial and community leaders to secure funding to continue the campaign to help people get financial information and advice.'
You may also want to watch:
Richard Pearce, manager of the Whitefriars branch of Barclays Bank in Norwich, backed such a bid. He said: 'It's really important for all sectors to pull together to ensure that people have access to good financial information.
'At Barclays we strongly endorse the joint working that Chloe Smith has already led in Norwich and this Big Lottery chance is a good opportunity to go further to serve the city.'
Most Read
- 1 Up and coming Norwich musician reaches number 13 in UK charts
- 2 Norwich hairdresser, former boxer and bodybuilder, dies from Covid
- 3 The secrets and scandals of a former Norwich hotel
- 4 Norwich Debenhams looks doomed as Boohoo to buy brand
- 5 The areas where Covid rates have fallen the fastest since lockdown began
- 6 Drink-driver caught on flyover after police spot 'worrying' driving
- 7 'A little bit of hope' - Care home manager look back on last 10 months
- 8 Bus crashes into lorry in Norwich
- 9 Drink driver arrested after crashing into two trees in Norwich
- 10 Can you rehome this Terrier who has spent nine years at animal sanctuary?
Do you think enough is done to ensure people leave school with the ability to manage their money? Write to Evening News Letters, Prospect House, Rouen Road, Norwich NR1 1RE or email dan.grimmer@archant.co.uk