Banking Hubs

Debate between Graham Stuart and Graham Leadbitter

Wednesday 20th May 2026 Commons Chamber

[Graham Leadbitter]

I thank the hon. Gentleman for that.

After the election, the Government said they were working closely with industry to roll out 350 banking hubs across the UK, which is very welcome, and that the banking sector was committed to deliver those hubs by the end of this Parliament. But that is not far off just one for every two constituencies, and we need more and much better targets than that.

[Graham Stuart (Beverley and Holderness) (Con)]

The banking and cash hubs in Hornsea, Withernsea and now Hedon in my constituency are fantastic and really work well, but is the hon. Gentleman aware that Lloyds is the only major bank that does not allow the deposit of cheques at post offices and cash and banking hubs, and that that is damaging to the most vulnerable in our society and to the bank’s customers. Will he join me in calling on Lloyds to look at that again, to ensure that people can deposit those cheques? Apps and other approaches do not always meet people’s needs, particularly those of elderly people.

[Graham Leadbitter]

Absolutely. I would consider those to be basic services that people should be able to access as close to their own community as they possibly can.

I was perplexed to read, in response to a written question from November last year, that the Government do not hold any bank closure data at all, despite the figures that I have quoted from Link. That is concerning when it is considered alongside the policy of 350 banking hubs, as neither the Government nor we who provide scrutiny can determine definitively how many closures have occurred and, by extension, how much damage requires to be mitigated.