Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate she has made of the number of banking hubs that will be operational at the end of each year to 2028.
Currently there are 190 banking hubs operational and Cash Access UK, who oversee banking hub rollout, expect 200 to be operational by the end of 2025. The UK banking sector has publicly committed to delivering 350 banking hubs by the end of this Parliament.
As the timing of the roll-out of banking hubs is industry-driven, the Government does not make year-on-year estimates.