Baroness Bennett of Manor Castle (GP)

My Lords, I am sorry if I am speaking out of order; we are missing quite a few signatories. I will speak to Amendment 197 in the name of the noble Baroness, Lady Pinnock, and Amendment 252—about local and community banking powers—which the noble Lord, Lord Shipley, just addressed. The timing of this debate is interesting, because just this morning Santander announced that it is closing a further 44 branches after an earlier announcement that it would be closing 95 branches around the country. Lloyds is closing more than 100 branches by March. A total of 432 bank branches closed in 2025; this puts the figure of bank branches lost at some 7,000. Large banks, whether based in London or globally, will say that everyone is going digital. What I find, however, when I travel to communities up and down the land, is that quite often the fact that they no longer have a bank or that their last bank is about to close is a major issue. If you speak to a small or even medium-sized enterprise and ask if they are getting financing from the banks, they just laugh at you. The kind of application you have to make includes filling in an enormous number of forms. You do not speak to a person, and the application churns through the computer; computer says no and that is the end of it. Historically, you would have a local bank manager who knew the local community and its businesspeople, and was able to support people whom they knew were worth the punt. The large banks are physically evacuating out of communities and are just not interested in anything except large, multinational companies and their like. This is why, with regard to local and community banking powers, getting local banks set up is in the interests of local communities and absolutely something to be looked at as an option by Government. I note that, although I am not entirely praising it—I should declare that I am a customer—Nationwide, with its co-operative model, is staying in communities far more, but it still cannot do everything that communities need by any means. Amendment 252 is therefore terribly important. I turn to Amendment 197’s duty to review parish and town councils. I declare my position as a vice-president of the National Association of Local Councils. Despite the rhetoric around it, this Bill is taking local democracy far further from the people. In many places—as has been happening through more than a decade of austerity—parish and town councils have been picking up the slack where larger bodies have stepped away and not had the money to engage. More than a dozen years ago I was in Leominster, and the list of services that the local town council had picked up there ran from keeping the public toilet open—I am sorry; I seem to have a theme today, but it was not my intention—to keeping the tourist information centre open to cutting the grass and looking after the green spaces. These tasks had been abandoned by the unitary authority and were therefore picked up by the town council. The problem is that Leominster is an historic town—there is a wonderful, medieval town hall to meet in—but it is often the more disadvantaged communities around the country that do not have parish and town councils. One example is the large new council estates. Those who need it most do not have that local representation. A review, therefore, would be welcome in examining the Government’s heading to take democracy away from the people and enabling us to see how we can restore it at grass-roots level. To me that is essential.