Banking hub in Fakenham

Contributions

1. Jerome Mayhew (Broadland and Fakenham) (Con)Conservative

   Fakenham needs a banking hub. It is a vibrant market town; it has about 80 high street businesses, as well as light industrial and manufacturing concerns, and it is the economic hub that services more than 17,000 adults and their children. However, with the exception of Nationwide, all of the banks have left. This petition—together with a separate petition by Councillor Liz Vickers, supported by Councillor Christopher Cushing and more than 1,470 residents—requests “that the House of Commons urge the Government to take immediate action to ensure face-to-face banking services are accessible in Fakenham” through a banking hub. Following is the full text of the petition: [The petition of residents of Fakenham , Declares that Fakenham is the service and market centre for a large rural community in North Norfolk; further, that despite serving over 17,000 adults, supporting more than 80 high street businesses, and facing some of the poorest access to alternative banking services in the county, the town has been denied a Banking Hub; further, we call on LINK and the banking industry to reconsider this decision and ensure that residents, vulnerable customers and local businesses in Fakenham have access to the face-to-face banking services they need. The petitioners therefore request that the House of Commons urge the Government to take immediate action to ensure face-to-face banking services are accessible in Fakenham through the establishment of a Banking Hub. And the petitioners remain, etc. ] [P003245]

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