Starting in October, the British Barclays will open accounts for prisoners whose sentences of punishment coming to an end. According to the newspaper The Daily Mail, the first major bank in the UK, who introduced a similar service. Starting the project will take place in prisons in eastern England.
In cooperation with the Unlock - National Association for the prisoners - the credit institution will offer assistance to release detainees in the opening of accounts, as well as training on the basics of handling finances. Potential customers will look for volunteers of charitable organizations.
Mark Parsons, head of current accounts by Barclays, commenting on the new project, said: "Quite often, prisoners do not possess even the basics of financial literacy and do not feel confident enough to hike in the bank. Our affiliate program is designed to help them get back on their feet. "
"The bank account - not a luxury but a necessity - highlights, in turn, the head of ongoing projects Unlock Chris Bath. - He needs to start a new life after prison. "
One in five reported crime in the UK, according to the publication, by the former prisoners, and the content of criminals in prisons costing taxpayers 13 billion pounds annually.
To return to the law-abiding life, ex-prisoners have to get a job and find housing, but this requires a bank account. However, according to a study conducted by Unlock, the majority of inmates are difficult to open even the simplest account.
Unlock will bring to their program and other credit organizations, the report said The Daily Mail.
Showing posts with label Great Britain. Show all posts
Showing posts with label Great Britain. Show all posts
9/15/10
Britain plans to benefit from the rapidly developing markets
Great Britain intends not to oppose, and to extract benefits for themselves from a situation where an increasing proportion of world production comes from growing markets, said on Wednesday the British Minister of State for Business and Enterprise Vince Cable.
"Nothing surprising is not that India and China, which accounts for 20% of world population, begin to dominate the world economic arena.
It is obvious that in the near future, Brazil, Mexico and Russia together will have a production of more than Western Europe, "- said Cable Summit on countries with developing economies (Emerging Markets Summit).
Moreover, the minister said, many of the rapidly growing economies "has rapidly grown.
"We intend to use it as an opportunity for themselves, rather than a threat. The coalition government has stated its priority to establish and develop with these countries closer diplomatic and economic relations ", - said Cable. The British government, he said, also makes no effort to create favorable conditions in equity markets, for a favorable investment climate in countries such as Brazil, Thailand and so on, for government investment funds.
"Nothing surprising is not that India and China, which accounts for 20% of world population, begin to dominate the world economic arena.
It is obvious that in the near future, Brazil, Mexico and Russia together will have a production of more than Western Europe, "- said Cable Summit on countries with developing economies (Emerging Markets Summit).
Moreover, the minister said, many of the rapidly growing economies "has rapidly grown.
"We intend to use it as an opportunity for themselves, rather than a threat. The coalition government has stated its priority to establish and develop with these countries closer diplomatic and economic relations ", - said Cable. The British government, he said, also makes no effort to create favorable conditions in equity markets, for a favorable investment climate in countries such as Brazil, Thailand and so on, for government investment funds.
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