Asked by: Baroness Anderson of Stoke-on-Trent (Labour - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the effect on the local economy of restricted access to free to use ATMs.
Answered by John Glen - Paymaster General and Minister for the Cabinet Office
Information on ATM numbers by Parliamentary Constituency is publicly available on the LINK website.
LINK, the scheme that runs the UK’s ATM network, has committed to maintain the broad geographical coverage of the ATM network in the UK. The Government-established Payment Systems Regulator, which regulates LINK, is closely monitoring developments within ATM provision and has used its powers to hold LINK to account over its commitments.
LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. Furthermore, LINK recently announced new additional premiums to safeguard the presence of free-to-use ATMs in remote and deprived areas.
Asked by: Baroness Anderson of Stoke-on-Trent (Labour - Life peer)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the number of towns without free access to the ATM network.
Answered by John Glen - Paymaster General and Minister for the Cabinet Office
Information on ATM numbers by Parliamentary Constituency is publicly available on the LINK website.
LINK, the scheme that runs the UK’s ATM network, has committed to maintain the broad geographical coverage of the ATM network in the UK. The Government-established Payment Systems Regulator, which regulates LINK, is closely monitoring developments within ATM provision and has used its powers to hold LINK to account over its commitments.
LINK has put in place specific arrangements to protect free-to-use ATMs more than 1 kilometre away from the next nearest free-to-use ATM. Furthermore, LINK recently announced new additional premiums to safeguard the presence of free-to-use ATMs in remote and deprived areas.