Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Gregory Campbell Excerpts
Tuesday 20th May 2025

(1 day, 20 hours ago)

Commons Chamber
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Torsten Bell Portrait The Parliamentary Secretary to the Treasury (Torsten Bell)
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My hon. Friend is absolutely correct. Raising investment in the UK is about boosting not just the supply of capital, but the demand for it—the investment pipeline. We are approving infrastructure projects, from wind farms to reservoirs, that the Conservatives blocked for years. By reforming the planning system, we are doing something really radical: building homes.

Gregory Campbell Portrait Mr Gregory Campbell (East Londonderry) (DUP)
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The roll-out of banking hubs is helping to a small degree, but what plans do the Government have to increase the number of banking hubs beyond those in the pipeline?

Emma Reynolds Portrait Emma Reynolds
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As I said in my previous answer, we have secured the commitment of the industry to open 350 banking hubs by the end of this Parliament. The FCA keeps the access to cash rules under review. As legislated for under the last Government, it has the power to make rules to ensure that there is access to cash across the country.