Written Question·Treasury·UIN 35800

Banking Hubs

Tabled: 5 March 2025
Answered: 13 March 2025

Question

Lewis Cocking

ConservativeBroxbourne

To ask the Chancellor of the Exchequer, pursuant to the Answer of 3 March 2025 to Question 33105 on Banking Hubs, whether she has the power to change the assessment criteria used by LINK to establish new banking hubs.

Answer

Emma Reynolds
Banking has changed significantly in recent years with many customers benefitting from the ease and convenience of remote banking. While branch closures are commercial decisions for banks, the Financial Conduct Authority (FCA) guidance expects firms to ca...

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