1. Financial Inclusion in Leeds Dave Roberts Leeds City Council

3. Initiative started early 2003 Research Base Survey of 410 residents living in poorest neighbourhoods in 2004 Repeated in 2010 with 602 interviewees Additional sample of 300 from ‘Mr & Mrs Leeds Average’ locations Origins of the initiative

4. Savings

5. Indebtedness

6. Purpose of borrowing Borrowing to fund living expenses –fuel, food, clothing etc – or pay off other debts 23% (2004), 42% (2010) Payday Loan Debts –30% live in SOA’s – 10% most deprived –42% 16-24 yr olds – payday loans

7. Economic Impact Study Conducted 2009 by Salford University –Increased Disposable Income £26m –Improved health through advice: 41% –Reduced stress through advice: 67% Research widely disseminated

8. Advice Services New Advice Contract – 3 years Telephone Gateway – One number for advice services Children Centres –Advice service in 13 centres GP Surgeries & Mental Health Outreach –Advice services in 21 surgeries –11 mental health outreach

9. Advice Services Contract value £1.6m Financial YearBudget change 2010/11No change 2011/122% cut 2012/132%cut 2013/14No change 2014/15No change 2015/168% cut

11. Your Loan Shop Phase 2 – Replicate Facility in One Stop Centre

12. Rent to Buy Gift Card Scheme –Currys, Argos/Homebase, House of Fraser, Debenhams – Discounts ave. 5% Loans/Savings from credit union

13. Your Homeware Shop

14. Payday Loan Leeds Credit Union Handiloan

15. Housing MABS Project Money and Budgeting Support Pilot project 3 years ago 3 full time credit union staff seconded to Housing Leeds (for 3 years)

16. School Savings Clubs

17. Fareshare and Foodbanks Local Welfare Support Scheme –Link with Fareshare and foodbank network School Breakfast Clubs –Bulk food delivery to clusters of schools

18. Communications Campaign

19. Contact details Further information Leeds City Council Financial Inclusion Team (0)113 247 4724 www.leeds.gov.uk/fi financial.inclusion@leeds.gov.uk www.leedsmic.org.uk