Banks: Closures

Treasury written question – answered at on 22 July 2024.

Alert me about debates like this

Photo of Sarah Dyke Sarah Dyke Liberal Democrat, Glastonbury and Somerton

To ask the Chancellor of the Exchequer, whether she has made an estimate of the number of bank branches that have closed in England in the last 10 years.

Photo of Tulip Siddiq Tulip Siddiq The Economic Secretary to the Treasury

According to consumer website Which?, UK banks and building societies closed over 6000 branches across the UK from January 2015 to May 2024.

The Government recognises the importance of banking to communities and high streets. The Government has therefore committed to work closely with banks to roll out at least 350 banking hubs, which provide individuals and businesses up and down the country with critical cash and banking services.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.