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Post Offices: Bank Services

Business, Innovation and Skills written question – answered on 7th April 2010.

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Photo of Gordon Prentice Gordon Prentice Labour, Pendle

To ask the Minister of State, Department for Business, Innovation and Skills what recent discussions he has had with the Post Office on the possible establishment of a Post Bank; and if he will make a statement.

Photo of Ian Lucas Ian Lucas Parliamentary Under-Secretary (Department for Business, Innovation and Skills) (Business and Regulatory Reform)

I refer my hon. Friend to the written statement that my right hon. Friend the Minister of State for Business, Innovation and Skills made to the House on 29 March 2010, Hansard, columns 73-74WS, on the issue of Post Office Banking. This sets out the Government's vision for the future of financial services at the Post Office. The Government's response to the Post Office Banking Consultation, published on the same day, details how the Government and the Post Office will work together to deliver a greatly expanded role for Post Office financial services. Copies of the Government's Response to the Post Office Banking Consultation are available in the Libraries of the House.

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