PARLIAMENTARY WRITTEN QUESTION
Banking Hubs (4 September 2024)
Question Asked
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure that new banking hubs will be opened in communities affected by bank branch closures.
Asked by:
Anna Dixon (Labour)
Asked by:
Anna Dixon (Labour)
Answer
The Government understands the importance of face-to-face banking to communities and high streets, and is committed to championing sufficient access for all as a priority.
This is why the Government is working closely with industry to ensure that at least 350 banking hubs are delivered across the UK, which will provide individuals and businesses up and down the country with critical cash and banking services.
Over 60 banking hubs are already open and Cash Access UK, who oversee banking hub rollout, expect 100 hubs to be open by the end of the year.
Answered by:
Tulip Siddiq (Labour)
10 September 2024
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