Patricia Ferguson

It is a pleasure to serve under your chairmanship, Mr Wishart. I congratulate the hon. Member for South Devon (Caroline Voaden) on securing today’s important debate. I represent a very urban constituency, but I also chair the Scottish Affairs Committee and we have been looking at this issue as part of an inquiry into Scotland’s high streets. I do not have to tell you, Mr Wishart, that many Scottish communities are rural and/or remote. It is also important to note that Scotland’s population is older, relative to the UK average, and that in many areas, access to reliable internet at a decent speed is extremely poor, if it exists at all. Those factors are clearly very significant, but The Herald reported earlier this summer that three in four bank branches in Scotland have closed in the last decade. For remote and rural areas, that means, as we have heard, lengthy journeys and unreliable travel connections to access alternative branches—often for people who cannot easily move to online banking. We have heard from Members whose constituents are travelling more than 100 miles to get to the nearest bank to access the kinds of services that they used to be able to get locally. UK Finance responded to our concerns by noting that only 2% of the UK population rely exclusively on in-person branches to do their banking, but it was unable to provide us with an equivalent figure specifically for rural Scotland. We were also disappointed at its very poor understanding of how much further—