Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps she is taking to help ensure that high street banks and building societies are incentivised to provide bank hubs.
The Government is committed to ensuring that the UK’s world-leading financial services sector enables all people to have access to affordable products and services. That’s why the Government is working closely with industry to ensure that 350 banking hubs are delivered by the end of this Parliament.
Over 60 banking hubs are already open and Cash Access UK, who oversee banking hub rollout, expect 100 hubs to be open by the end of the year.