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Written question asked by Viscount Thurso (Liberal Democrat) on Thursday, 14 June 2018, in the House of Lords. It was due for an answer on Thursday, 28 June 2018. It was answered by Lord Bates (Conservative) on Thursday, 28 June 2018 on behalf of the Treasury.


Bank Services

Question

To ask Her Majesty's Government what assessment, if any, they have made of the availability of bank accounts to small community groups, charities and societies.

Answer

The Treasury has not made such an assessment. The RBS alternative remedies package will see a £775m investment in business banking facilities, enabling challenger banks to provide a larger range of business bank accounts.

The Government recognises the enormous contribution that small and local charities make to society, and is working to enable smaller charities to become more independent, resilient and sustainable.


Secondary information

Type
Written question
Reference
HL8670
Session
2017-19
Subjects
Clubs Charities Bank services
Link
View this Written question on www.parliament.uk