Banks: Closures
Commons · Question 30059 · Tabled 10 Feb 2025 · Treasury · Official record
Answered 18 Feb 2025
Question
Asked by Jim Shannon
To ask the Chancellor of the Exchequer, how many bank closures there were in 2024.
Answer
Answered by Emma Reynolds, 18 Feb 2025
The Government does not hold bank branch closure data. Guidance from the FCA sets out its expectation of firms when they are deciding to reduce their physical branches or the number of free-to-use ATMs. Firms are expected to carefully consider the impact ...