To ask the Chancellor of the Exchequer, what steps her Department is taking to help tackle (a) delays experienced by community groups for applications for community group bank accounts and (b) fee-less community bank accounts being closed and replaced with fee-paying business accounts.

To ask the Chancellor of the Exchequer, if she will have discussions with the banking sector on (a) delays in applications for community group bank accounts and (b) reports of community bank accounts being replaced with business accounts.

The provision of banking services is a commercial decision taken by the banking sector.

In response to feedback from community account holders about difficulties in securing and maintaining suitable current accounts, UK Finance launched a website in July 2024, including guidance and a free Account Finder tool, to help voluntary sector organisations locate an appropriate account for their needs.

The site provides voluntary sector organisations tailored guidance to understand the structure of the organisation concerned, decide on their banking needs, and help ensure they have what they need to open and maintain their account. In developing these resources, UK Finance worked with charitable organisations, members, and regulators, with the aim of improving how community accounts are opened and run.