Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of increasing the target for the number of banking hubs to be opened by the end of this Parliament.

The Government understands the importance of face-to-face banking to communities and high streets across the UK, and is committed to championing sufficient access for all as a priority. This is why the Government is working closely with industry to roll out 350 banking hubs across the UK. The UK banking sector has committed to deliver these hubs by the end of this Parliament. Over 230 hubs have been announced so far, and over 160 are already open.

The commitment to open 350 banking hubs by the end of this Parliament is not a limit. Cash Access UK will deploy a banking hub wherever LINK, the industry coordinating body responsible for making access to cash assessments following a community request or branch closure, suggests one is appropriate.