Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential merits of enhanced Post Offices providing (a) affordable and (b) community-based access to (i) cash and (ii) face-to-face banking services in rural areas where banking hubs are not considered viable.

I welcome the introduction of enhanced Post Offices in suitable areas, demonstrating Post Office continuing its vital role as an important alternative to bank branches in providing convenient in-person cash and banking services.

The Government would welcome further collaboration between Post Office and the banking sector on a commercial and voluntary basis. Together with the Economic Secretary to the Treasury, I plan to co-chair a roundtable with the Post Office and key banks shortly which will provide an opportunity to discuss where future potential collaboration may be in the interests of both parties.