PARLIAMENTARY WRITTEN QUESTION
(8 April 2025)
Question Asked
To ask the Chancellor of the Exchequer, if she will bring forward legislative proposals to require LINK to amend its assessment criteria for establishing new banking hubs.
Asked by:
Lewis Cocking (Conservative)
Asked by:
Lewis Cocking (Conservative)
Answer
While the Government has no current plans to amend legislation, we continue to work closely with industry to roll out 350 banking hubs across the UK. The UK banking sector has committed to deliver these hubs by the end of this Parliament. Over 220 hubs have been announced so far, and over 140 are already open.
Any decisions on changes to LINK’s independent assessment criteria are a matter for LINK, the financial services sector, and for the Financial Conduct Authority, which oversees the access to cash regime.
Answered by:
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