Written Question·Treasury·UIN 35858
Banks: Closures
Tabled: 5 March 2025
Answered: 13 March 2025
Question
Blake Stephenson
Conservative — Mid Bedfordshire
To ask the Chancellor of the Exchequer, pursuant to the Answer of 10 February 2025 to Question 28664, whether it is her Department’s policy to ask retail banks to keep High Street branches open during their discussions with them.
Answer
Emma ReynoldsBanking 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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