Written Question·Treasury·UIN 38115
Small Businesses: Money
Tabled: 13 March 2025
Answered: 19 March 2025
Question
Mr Tanmanjeet Singh Dhesi
Labour — Slough
To ask the Chancellor of the Exchequer, what steps she plans to take to help support small businesses with cash banking, in the context of trends in the number of closures of physical banks.
Answer
Emma ReynoldsBanking has changed significantly in recent years with many customers benefiting 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 car...
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