Banking Hubs

(asked on 24th April 2026) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what discussions she has had with the banking sector on the rollout of banking hubs beyond the lifetime of this Parliament.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 29th April 2026

Treasury Ministers regularly engage with the banking sector on access to banking services, including the rollout of banking hubs.

The Government understands the importance of access to in-person banking services for communities and high streets and is committed to supporting the financial services industry’s roll-out of 350 banking hubs by the end of this Parliament. Importantly, this number is a floor, not a ceiling, and Cash Access UK will deliver a banking hub wherever LINK has recommended one.

The Government keeps the effectiveness of current arrangements under review through regular engagement with industry and other stakeholders to ensure they meet the needs of people and communities.

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