Bethnal Green and Bow MP leads campaign on money transfer agencies

A campaign to protect agencies which allow people to send money to loved ones in deprived countries is being led by MP for Bethnal Green and Bow Rushanara Ali.

The shadow international development minister is heading a group of 46 Labour MPs putting pressure on banks and the government to protect the agencies, which they say play a vital role in delivering aid.

The campaign follows Barclays bank’s decision to withdraw accounts it holds for UK money transfer firms amid fears they may be used for criminal activity.

Ms Ali said: “The money-transfer industry - one that is prominent in east London - is very important for people who send money to their family and friends in places that are not easily accessible, often including remote areas.”

The MPs have now written to Barclays urging it to reconsider its decision.


You may also want to watch:


Become a Supporter

This newspaper has been a central part of community life for many years. Our industry faces testing times, which is why we're asking for your support. Every contribution will help us continue to produce local journalism that makes a measurable difference to our community.

Become a Supporter
Comments powered by Disqus