Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an estimate of the number of bank branch closures in (a) Aldershot constituency and (b) Hampshire in each year since 2010.

The Government does not hold bank branch closure data. However, according to consumer website Which?, Aldershot constituency lost just under 60% of its branch network between January 2015 and November 2024, and has eight branches remaining.

Guidance from the FCA sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact of planned branch closures on their customers’ everyday banking and cash access needs, and put in place alternatives, where this is reasonable.

The Government understands the importance of face-to-face banking to communities and high streets in Aldershot and across the UK, and is committed to championing sufficient access for all as a priority. This is why the Government is working closely with banks to roll out 350 banking hubs, which will provide individuals and businesses up and down the country with critical cash and banking services.