Business of the House

Christian Wakeford Excerpts

Thursday 11th March 2021 Commons Chamber

[Mr Rees-Mogg]

I entirely agree with the hon. Lady—she is absolutely right. Everybody in this country should feel free to walk the streets at night safely and securely, and women should be as free to do that as men. The best way to ensure that is by tackling crime, making our streets safer and getting the extra 20,000 police on the street.

There is nothing more reassuring than seeing a police officer in uniform when walking the streets, and that is a comfort that we in this country hope to be able to continue to take, and to take more of, as more police join the various forces up and down the country. I never thought I would agree so wholeheartedly with a question from the hon. Lady.

[Christian Wakeford (Bury South) (Con)]

TSB in Radcliffe recently closed, and it was the only bank in the town. That has resulted in footfall in the town decreasing drastically, as I discussed with representatives from Radcliffe market recently, and TSB’s branch in Prestwich in my constituency is due to close next month.

As we are talking about levelling up and the regeneration of our towns, will my right hon. Friend find time for a debate on the importance of banking and cash machines so that we can access cash on our high streets?

[Mr Rees-Mogg]

I know that the presence of bank branches on the high street is a concern for many Members and their constituents. Her Majesty’s Government recognise the importance of cash and access to banks to the daily lives of millions of people throughout the United Kingdom, and particularly those in vulnerable groups.

Although I can understand the dissatisfaction when banks close their branches, decisions on opening and closing branches are taken by the management team of each bank on a commercial basis. It would not be right for the Government to intervene in such decisions. Banks must balance customer interests, market competition and other commercial factors when they consider their strategies. Since May 2017, the major high street banks have been signed up to the access to banking standard, which commits them to work with customers and communities to minimise the impact of branch closures.