HC Deb 07 July 2003 vol 408 c566W
Mr. Peter Duncan

To ask the Secretary of State for Trade and Industry what the percentage of the UK population was without any form of bank account in each of the last five years; and what she estimates it will be in April 2004. [118328]

Mr. Pond

I have been asked to reply.

Information is not available for the time period requested or for UK coverage. The Family Resources Survey can provide estimates up to 2001–02 for Great Britain. This information is in the table.

Percentage of adults without any form of bank account
1997–98 11
1998–99 10
1999–2000 10
2000–01 11
2001–02 9

Notes:

1. All figures are estimates and are taken from the Family Resources Survey (FRS). 2001–02 is the latest year for which data is available. Figures have been rounded to the nearest percentage point.

2. Adults are defined as all those aged 16 and over, except for 16 to 18-year-olds in full-time non-advanced education; all adults in the household are interviewed as part of the FRS.

3. Any type of bank account includes Current account, National Savings Ordinary and National Savings Investment or any other bank/building society accounts.

4. The estimates are based on sample counts that have been adjusted for non-response using multi-purpose grossing factors that control for tenure type, Council Tax Band and a number of demographic variables. Estimates are subject to sampling error and remaining response bias.

Source:

Family Resources Survey (Great Britain)

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