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Written question asked by Lord Wigley (Plaid Cymru) on Tuesday, 5 December 2023, in the House of Lords. It was due for an answer on Tuesday, 19 December 2023. It was answered by Baroness Vere of Norbiton (Conservative) on Tuesday, 19 December 2023 on behalf of the Treasury.


Banks: Closures

Question

To ask His Majesty's Government how many branches of (1) Barclays, (2) NatWest, (3) Lloyds Bank, and (4) HSBC, in the UK have closed in 2023 so far; and what were the corresponding figures for 2022.

Answer

The Government does not make assessments of bank branch closures. However, in the event of a closure of a core cash service, for example a bank branch, LINK provides an assessment of a community’s cash access needs. It keeps an updated record of these assessments on its website as part of its overview of branch closures announced by banks since January 2022, alongside any banking hubs or deposit services recommended.

Decisions on opening and closing branches are taken by the management team of each bank on a commercial basis, with which the Government does not interfere.


Secondary information

Type
Written question
Reference
HL896
Session
2023-24
Subjects
Bank services Closures Banks Barclays NatWest Lloyds Bank HSBC
Contains statistics
Yes
Link
View this Written question on www.parliament.uk