Early day motion tabled by primary sponsor Sarah Green (Liberal Democrat), on Wednesday, 21 June 2023, in the House of Commons. It is signed by 18 members in total.

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Banking hubs

That this House recognises the need to maintain access to in-person banking services; notes that banking hubs offer an important alternative to traditional high street banks but that the rollout of such services is not happening quickly enough; further notes that this disproportionally affects the vulnerable and older populations who are increasingly becoming excluded from their local economies as long-distance travel for cash or the use of digital monies is unviable; believes that banks should take all reasonable steps to increase the pace of the rollout of banking hubs; and calls on the Government to legislate to allow the Financial Conduct Authority to require the establishment of a banking hub.

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Secondary information

Type

Early day motion

Reference

1360 

Session

2022-23

Other sponsors

Hywel Williams

Jonathan Edwards

Wera Hobhouse

Wendy Chamberlain

Helen Morgan

Subjects

Banking hubs

Link

View this Early day motion on edm.parliament.uk