Rural Banking Services

Part of the debate – in Westminster Hall at 11:00 am on 20th July 2021.

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Photo of Alex Davies-Jones Alex Davies-Jones Shadow Minister (Northern Ireland) 11:00 am, 20th July 2021

My Welsh colleague is making important points on the importance of banking infrastructure. In my constituency of Pontypridd, loyal customers whose life savings have been invested in banks are being abandoned by these corporations, which claim to serve the communities that we represent. Does the hon. Member agree with me that it is completely wrong for banks to bale out of local communities such as ours and others across Wales when just a few years ago they had to be bailed out by the public purse themselves?