Banks: North Warwickshire and Bedworth
The question
To ask the Chancellor of the Exchequer, how many high-street branches of (a) banks and (b) building societies have closed in North Warwickshire and Bedworth constituency since 2010.
Answered by Tulip Siddiq
The Government does not hold this information. However, the consumer group Which? finds that the North Warwickshire and Bedworth constituency has lost 71.4% of its branch network since 2015 and has four bank branches remaining.
The Government understands the impact of bank branch closures on communities and the importance of face-to-face banking. This is why the Government is working closely with industry to roll out 350 banking hubs across the UK. The UK banking sector has committed to deliver these hubs by the end of this parliament. These hubs will provide small businesses and individuals who need face-to-face support with critical cash and in-person banking services. Over 80 banking hubs are already open and Cash Access UK, who oversee banking hub rollout, expect 100 hubs to be open by Christmas.
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