Bank Services: Voluntary Organisations — Written Question

Question

Helen Maguire

Liberal Democrat — Epsom and Ewell

To ask the Chancellor of the Exchequer, what assessment her Department has made of the impact of fee-less community bank accounts being closed and replaced with fee-paying business accounts on (a) allotment societies and (b) other small voluntary organisa

Answer

Emma Reynolds

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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