Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps her Department is taking to ensure access to cash for disabled people through the roll-out of shared-banking hubs in local communities.
Access to financial services is key to ensuring all people, including those who are disabled and require in-person services, can participate fully in the economy and in society.
This is why the Government is committed to protecting access to cash withdrawal and deposit services for individuals and businesses, and welcomes the FCA’s final regulatory rules for cash access coming into force on 18 September.
The Government is also working closely with industry to roll out at least 350 banking hubs which will provide communities with critical cash and banking services. Over 140 banking hubs have been announced so far, with 100 expected to open by the end of the year. Cash Access UK, who oversee banking hub rollout, work to ensure that their physical premises are fully accessible, and their services promote an inclusive environment.