Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential merits of implementing a (a) minimum and (b) standardised level of service for banking providers at banking hubs.
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 and it is important that services in banking hubs meet the needs of customers.
Banking hubs already offer everyday counter services provided by Post Office staff, allowing people and businesses to withdraw and deposit cash, deposit cheques, pay bills and make balance enquiries. They also contain dedicated rooms where customers can see community bankers from their own bank to carry out wider banking services.
The Government has been working closely with industry and significant progress has been made in enhancing baseline service standards, ensuring customers can access services without the need to bring their own devices and addressing service gaps.
Banking hubs are also currently piloting the use of printers, and some are experimenting with Saturday opening hours to better meet the demand for face-to-face banking services. The Government continues to work closely with industry to enhance service standards in banking hubs.