Banking Hubs
Commons · Question 6396 · Tabled 3 Jun 2026 · Treasury · Official record
Answered 9 Jun 2026
Question
Asked by Wendy Morton
To ask the Chancellor of the Exchequer, whether the Government’s commitment to establish 350 banking hubs will be sufficient to replace access to banking services lost through bank branch closures; how many communities have lost their final bank branch si
Answer
Answered by Rachel Blake, 9 Jun 2026
The way people across the UK use retail banking services has changed significantly, with many customers now choosing to bank online. In response, banks and building societies have reshaped their branch networks, reflecting changing customer preferences. H...