Written Question·Treasury·UIN 16474

Bank Services

Tabled: 27 November 2024
Answered: 3 December 2024

Question

Yasmin Qureshi

LabourBolton South and Walkden

To ask the Chancellor of the Exchequer, if she will have discussions with the banking sector on (a) delays in applications for community group bank accounts and (b) reports of community bank accounts being replaced with business accounts.

Answer

Tulip Siddiq
The provision of banking services is a commercial decision taken by the banking sector. In response to feedback from community account holders about difficulties in securing and maintaining suitable current accounts, UK Finance launched a website in July ...

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