Andrew Pakes

Andrew Pakes

Labour (Co-op) — Peterborough

Speaking in the House of Commons on 1 September 2026

Debate

UK Financial Services

Contribution

My hon. Friend’s constituency sounds a lot like mine, which is underserved in many ways by financial institutions. The recent takeover by Nationwide of Virgin Money means that, in a constituency like mine, Nationwide’s high street network will soon be able to offer support to small businesses and innovators in the postcodes covering Peterborough. Does he agree that that highlights the vital role the mutual sector, credit unions and member-owned banks play in extending financial services to every postcode of the city, widening prosperity in our country?

More from Andrew Pakes

Other recent Hansard contributions by the same speaker.

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

For Andrew Pakes's full parliamentary record including voting history, expenses and all other contributions, see the Andrew Pakes report card.