Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, whether he has made an assessment of the potential merits of opening Post Office branches within Banking Hubs.

Thousands of Post Offices already provide the same everyday banking services, such as cash withdrawals and deposits, that are available at Banking Hubs. In its published response to the Government’s Post Office Green Paper, Post Office recently set out how it could enhance its banking offer by accommodating community bankers within larger post offices. This would enable customers to access support for more complex services available via community bankers at Banking Hubs.

Government would welcome further collaboration between Post Office and the banking sector and will be convening a roundtable to discuss opportunities for future potential collaboration.