Bank Services: North East Somerset and Hanham

(asked on 10th June 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to protect face-to-face banking services for people in North East Somerset and Hanham constituency.


Answered by
Emma Reynolds Portrait
Emma Reynolds
Economic Secretary (HM Treasury)
This question was answered on 16th June 2025

The Government recognises the importance of face-to-face banking to communities, businesses and high streets in North East Somerset and Hanham, and across the country.

This is why the Government is working 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 230 hubs have been announced so far, and over 160 are already open.

Banking hubs offer everyday counter services, allowing people and businesses to withdraw and deposit cash, 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.

Alternative options to access everyday banking services can be via telephone banking, through digital means such as mobile or online banking, and via the Post Office. The Post Office Banking Framework allows personal and business customers to withdraw and deposit cash, check their balance, pay bills and cash cheques at 11,500 Post Office branches across the UK.

Reticulating Splines