Post Offices: Cash Withdrawal Services
Baroness Bryan of Partick Excerpts(4 years, 6 months ago)
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Lord Duncan of Springbank
The noble Lord is correct. Since 2010 we have invested £2.3 billion in the Post Office network, stabilising the number of banks. There was a 27% decrease in the 10 years before 2014. The decrease since then has been only 1%—the money is making a difference.
Baroness Bryan of Partick (Lab)
My Lords, does the Minister agree that the idea of changing a bank is a bit more daunting than he has suggested? Particularly if you are struggling on a daily basis to stay out of the red, the idea of going to a new bank can be intimidating. It seems that some banks are interested only in big cashless customers who have large deposits and not really anybody else. Will the Minister raise these concerns with Barclays Bank and ask it to think again? The banks are making life difficult, not only for people in rural communities but for those in inner cities and the peripheral schemes where paying cash machine charges is extortionate.
Lord Duncan of Springbank
The noble Baroness and the right reverend Prelate asked what representation we have made. My right honourable friend the Secretary of State for Business, Energy and Industrial Strategy has spoken to Barclays in words of only one syllable, I am afraid. She has made this point very clear to them: this behaviour is not acceptable. This is not about corporate banking; this is about rural communities and, sometimes, these are the most important aspects of rural communities.