Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Melanie Onn Excerpts
Tuesday 2nd July 2019

(5 years, 5 months ago)

Commons Chamber
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John Glen Portrait John Glen
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I recognise my hon. Friend’s excellent campaigning on this matter, which we have had meetings to discuss. The Government have no direct role in the matter, but we recognise the role that banking hubs have played for businesses across six trial sites. We are looking at that carefully, and I will be very happy to raise it with the banks when I meet them next.

Melanie Onn Portrait Melanie Onn (Great Grimsby) (Lab)
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Will the Government commit to working with cash machine suppliers to ensure that cash withdrawals remain free across the board? Charges disproportionately affect those on lower incomes, who make smaller cash withdrawals.

John Glen Portrait John Glen
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Absolutely. We are looking into that. The Payment Systems Regulator, which was set up four years ago, is responsible for overseeing LINK. It has two schemes in place to safeguard access to cash in the most impoverished communities and to ensure that, when an ATM is vulnerable to closure, there is a responsibility to keep it open if constituents would have to go more than 1 km to access cash.