Royal Bank of Scotland Branch Closures Debate

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Department: HM Treasury

Royal Bank of Scotland Branch Closures

Carla Lockhart Excerpts
Tuesday 14th May 2024

(1 month, 1 week ago)

Westminster Hall
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Bim Afolami Portrait Bim Afolami
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I appreciate that intervention from the hon. Member. I will say to him, very directly, something that I was going to say later in my speech. In the case of rural constituencies—he mentioned his very rural constituency—I think that the assessment criteria used by Link for banking hubs, working with Cash Access UK and looking at this whole issue of access to cash, need to be amended. I have communicated that to the industry, and I hope that, over the coming weeks and months, that will happen. It is clearly not working, in a relatively small number of instances in rural areas, where the rules do not appear to be flexible enough. I think that would be useful.

Carla Lockhart Portrait Carla Lockhart (Upper Bann) (DUP)
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Since 2020, 50 banks in Northern Ireland have closed and only one banking hub has opened. Does the Minister agree that that is just not acceptable? The criteria do need changing. We have heard great plans from the Government to help to change it, but when will that happen? When will the criteria change, and when will the Government take this on board?