[dewclin]

> What I'm hoping comes out of this is some backstop for the ~4 million Brits with no bank account in our increasingly cashless society.

Izabella Kaminska (ex FT-journalist) had a good take on this on her podcast or website [1, 2] (I forget which).

If this is for _all_ unbanked individuals, then it must also include people banks don't want anything to do with right now, like criminals and other people who don't currently pass KYC or AML checks.

[1] https://www.youtube.com/@theblindspotpodcast [2] https://the-blindspot.com/

Edit: a word

[toyg]

> hat must also include people banks don't want anything to do with right now, like criminals

Sounds consistent with the view of Britain as an unregulated financial casino that is so dear to most brexiters.