Richard Foord

Richard Foord

Liberal Democrat — Honiton and Sidmouth

Speaking in the House of Commons on 24 February 2026

Debate

Banking Hubs: Rural and Post-Industrial Communities

Contribution

The Conservative Government passed the Financial Services and Markets Act in 2023, which gave the FCA powers to set up banking hubs and give access to cash. Does the Minister think that that was a missed opportunity at the time to prevent banks from closing high street branches in the thousands, as they have since continued to do?

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