Speech in General Committees - Mon 19 Nov 2018
Draft Financial Services and Markets Act 2000 (Claims Management Activity) Order 2018
"For the record, will the hon. Gentleman confirm that I left rather early and that he stayed until the early hours of the morning?..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Draft Financial Services and Markets Act 2000 (Claims Management Activity) Order 2018
Speech in Commons Chamber - Tue 24 Jul 2018
Public Sector Pay
"This pay award comes on the back of 10 years of pay freezes, which are fundamentally cuts. What can the Minister say to reassure people that, under this pay award, they will not actually see a pay decrease in the years to come?..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Public Sector Pay
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"I am sure that we all heed your words, Madam Deputy Speaker, and thank you for your consideration this afternoon. I congratulate my hon. Friend the Member for Stoke-on-Trent North (Ruth Smeeth) and the hon. Member for Hazel Grove (Mr Wragg) on securing the debate.
I listened very carefully to …..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"I absolutely agree with my hon. Friend. One would think that banks did not really want to foster demand for real branches, so the case for closure is made for them. They are creating a self-fulfilling prophecy.
Parliament needs to demand more from Government and more from the big five …..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"My hon. Friend makes such an important point. There are so many assumptions about the way that people live their lives today that bear no relation to our own experience, let alone that of our constituents. In my constituency, people are 10 to 20 or more miles away from their …..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"My hon. Friend makes a superb point about access to broadband. In my constituency, some 30% of people either have very slow access or no access at all, and I can vouch for the fact that in Bawtry, where the last bank is in danger of closing, it is a …..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"Right hon...."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"I worked hard for that...."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Speech in Commons Chamber - Thu 08 Feb 2018
Community Bank Closures
"Where did the Minister get the figure of 93%—perhaps he can furnish us with the information after the debate—because I do not think that bears any relationship to the reality for many of our constituents?..."Caroline Flint - View Speech
View all Caroline Flint (Lab - Don Valley) contributions to the debate on: Community Bank Closures
Written Question
Tuesday 6th February 2018
Asked by:
Caroline Flint (Labour - Don Valley)
Question
to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how many towns are without a bank branch in (a) England, (b) Northern Ireland, (c) Wales and (d) Scotland.
Answered by John Glen
The Treasury does not hold data on bank branch closures. The decision to close a branch remains a commercial judgement for banks. However, the impact on communities must be understood, considered and mitigated where possible.
The Access to Banking Protocol was a 2015 industry-wide agreement on bank branch closures, designed to help minimise their impact on customers and communities. In November 2016, Professor Russel Griggs published an independent ‘one year on’ review of the Protocol, following which the new Access to Banking Standard came into effect in May 2017. The Standard commits banks to ensure personal and business customers are better informed about branch closures and the reasons for them closing, along with the options they have locally to continue to access banking services, including specialist assistance for customers who need more help. The Access to Banking Standard is monitored and enforced by the independent Lending Standards Board.
99% of banks’ personal and 95% of banks’ business customers are able to withdraw cash, deposit cash and cheques, and make balance enquiries at a Post Office counter via its network of 11,600 branches. At Autumn Budget 2017, my predecessor wrote to the Post Office and UK Finance to ask them to raise public awareness of the banking services available at the Post Office for individuals and SMEs. The Government is committed to ensuring that communities across the UK are fully aware of the important services that remain available to them at their local Post Office, even if their bank branch is closed.