Chris Elmore
Main Page: Chris Elmore (Labour - Bridgend)Department Debates - View all Chris Elmore's debates with the Leader of the House
(7 years, 6 months ago)
Commons ChamberThe other House has its rules about the domiciliary status of its Members and it is for the House of Lords to police those rules. It was interesting during the referendum campaign to note that some of those who campaigned strongly to leave also took great advantage of freedom of movement. I hope that in the new arrangements between the United Kingdom and the European Union we will end up with a state of affairs where tourists travelling for long or short stays in each other’s countries can still proceed with as little hassle as possible.
HSBC Bank has announced that it is closing its last branch in my Ogmore constituency, in the town of Maesteg. This will cause considerable upset and distress to lots of constituents, not only in the town but in the surrounding villages and communities. Can we have a statement or debate on the impact of bank closures on towns and villages across the country, and the need for banking to remain as local as possible? Does the Leader of the House also agree that “the world’s local bank” is perhaps becoming a little bit less local?
As I have said before at this Dispatch Box, I think there is a responsibility on banks, particularly when a bank knows that it has the last branch in a community, to weigh very carefully whether it should move towards closure. There are clearly commercial pressures as more customers, both businesses and individuals, move towards online banking. There is also a read-across to what the Government are seeking to do by bringing high-speed broadband to rural communities more quickly, because the more people in rural areas are able to have good-quality broadband in their homes or business premises, the more likely they are to take advantage of the opportunities of online banking, which people in the cities already have.