Banking Hubs

(asked on 30th April 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if she will review the criteria required to be met for the proposed introduction of banking hubs.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 6th May 2025

The Government continues to work closely with industry to roll out 350 banking hubs across the UK. The UK banking sector has committed to deliver these hubs by the end of this Parliament. Over 220 hubs have been announced so far.

Any decisions on changes to LINK’s independent assessment criteria are a matter for LINK, the financial services sector, and the Financial Conduct Authority, which oversees the access to cash regime.

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