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Banking on a fresh start. A research study into the impact of The Co-operative Bank’s project to enable prisoners to open basic bank accounts in HMP Forest Bank.

Jones, PA (2008) Banking on a fresh start. A research study into the impact of The Co-operative Bank’s project to enable prisoners to open basic bank accounts in HMP Forest Bank. Project Report. LJMU.

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Abstract

The study analysed the behaviour of a group of prisoners who opened an account with The Co-operative Bank in October 2007 and highlights the positive impact the scheme has had on promoting social and financial inclusion. The findings show that those participating in the scheme, which began at Forest Bank Prison, Salford, in 2006 and now extends to 30 prisons across the country, were far less likely to re-offend. In the key category of prisoners serving sentences of less than 12 months, the national re-offending rate is 59.9 per cent, but only 39 per cent of prisoners with a bank account re-offended - a reduction of 34.8 per cent

Item Type: Monograph (Project Report)
Subjects: H Social Sciences > HG Finance
H Social Sciences > HV Social pathology. Social and public welfare. Criminology > HV8301 Penology. Prisons. Corrections
Divisions: Nursing & Allied Health
Publisher: LJMU
Date Deposited: 27 Jan 2022 13:20
Last Modified: 27 Jan 2022 13:20
URI: https://researchonline.ljmu.ac.uk/id/eprint/16162
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