Written Question·Treasury·UIN 38736

Bank Hubs

Tabled: 17 March 2025

Answered: 25 March 2025

Question

Blake Stephenson

To ask the Chancellor of the Exchequer, pursuant to the Answer of 17 February 2025 to Question 29957 on Bank Services and Banking Hubs, if her Department will direct the Financial Conduct Authority to require the creation of banking hubs in new towns with

Answer

Emma Reynolds

Banking has changed significantly in recent years with many customers benefiting from the ease and convenience of remote banking. However, the Government understands the importance of face-to-face banking to communities and high streets in new towns and a...

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