Access to Banking Review

Treasury written question – answered at on 7 July 2026.

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Photo of Mark Garnier Mark Garnier Shadow Economic Secretary (Treasury), Shadow Parliamentary Under Secretary (Work and Pensions)

To ask the Chancellor of the exchequer, whether she plans to include the recommendations of the Access to Banking Review in the Financial Services and Markets Bill 2026.

Photo of Rachel Blake Rachel Blake The Economic Secretary to the Treasury

The Access to Banking Services Review will consider access to in-person banking services and whether changes to access to in-person banking services are causing consumer detriment. The evidence collected by the Review will inform future decisions on whether further action is needed.

Alongside the Review, the Financial Services and Markets Bill includes a power to allow the Government to take action in future to protect access to banking services, should this be necessary. This power ensures the Government can act swiftly and proportionately, including through future regulation, if the evidence from the Review supports Intervention.

The Review will conclude in October 2026 and provide its findings and recommendations to the Government. The Government will consider those findings carefully, including whether any further action is required to protect access to banking services. The findings will also help inform how the Government considers the use of powers contained in the Financial Services and Markets Bill.

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Chancellor of the Exchequer

The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.

The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.

The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.

intervention

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