Nearly one in five British adults say they have experienced financial abuse in an intimate relationship, according to a new ethical campaign launched by the Bank and Refuge, the national domestic violence charity.
The “My money, my life” campaign raises awareness of the true scale of financial abuse for the first time, as it occurs within intimate relationships, where financial control, exploitation or sabotage are used to control a person’s ability to acquire, use and maintain financial resources. We carried out the UK’s largest study to date in this area in order to understand the prevalence of financial abuse in intimate relationships in the UK. We are campaigning for the banking industry to come together to ensure there is adequate and consistent support for the victims of financial abuse in relationships.
The Co-operative Bank and Refuge, are calling for industry-wide agreement to support people who experience financial abuse in their relationships.
For more information about financial abuse in intimate relationships, go to our What is financial abuse? page.
If you are the victim of financial abuse or have concerns about domestic violence, please visit the Help and resources section for guidance and help