Dave Doogan

Dave Doogan

Scottish National Party — Angus and Perthshire Glens

Speaking in the House of Commons on 12 June 2025

Debate

Business of the House

Contribution

When the Bank of Scotland branch closes later this year in Pitlochry, the town will desperately need a banking hub. That is why I was disappointed that the independent assessor and Link assessed only access to cash, not access to banking. I challenged Link on that, and it said that that is because of the mandate set for it by the Financial Conduct Authority; so I challenged the FCA on that, and it said that that is because of the regulatory framework in the Financial Services and Markets Act 2023; so I challenged the Treasury on that and asked it to change its regulatory framework and imposition on the FCA. The Treasury said it will not do that. In opposition, Labour tabled an amendment to the Financial Services and Markets Bill that would have mandated a survey of access to banking services, not just access to cash. Can we have a debate in Government time about how we fix this utter guddle?

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