Business of the House

Catherine West Excerpts

Thursday 21st October 2021 Commons Chamber

[Mr Rees-Mogg]

I thought that, being the great promoter of Cleethorpes that he is, my hon. Friend was going to ask for funding to build a cathedral in Cleethorpes, because a cathedral is a normal requirement for city status. I have a feeling that that might be the next campaign to ensure that Cleethorpes and Southend manage to be on an equal competitive footing.

[Catherine West (Hornsey and Wood Green) (Lab)]

On Tuesday, I presented a petition relating to the closure of the NatWest bank branch in Crouch End and Hornsey—I am sure I am not the first Member to have presented a petition on a branch closure—and I have now learned that Lloyds Banking Group will close its bank just up the road in Muswell Hill. Since 2015, there have been 50 bank branch closures per calendar month throughout the UK, and our high streets are turning into deserts. This will affect 8 million branch users who are on a low income, disabled or need the cash for their business. Please may we have a debate, perhaps with a Treasury Minister, on stopping this haemorrhage of banks from our high streets so that we can have genuine confidence that they can be vibrant places?

[Mr Rees-Mogg]

Obviously, banks make their own commercial decisions, but the Government are committed to ensuring that there is access to cash, recognising that it remains important to millions throughout the UK, and so have committed to legislating to protect access to cash and to ensuring that the UK’s cash infrastructure, which obviously includes bank branches, is sustainable in the longer term. That issue will inevitably be discussed in the House when the legislation is introduced, but it can of course be raised in the broader Budget debate next week.