Post Offices: Closures
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to (a) help prevent Post Office closures in (i) the United Kingdom and (ii) Bangor, North Down and (b) ensure continued access to (A) postal and (B) banking services in impacted areas.
Answered by Justin Madders
Government provides an annual £50m Network Subsidy funding to support the delivery of a minimum number of branches and a geographical spread of branches in line with published access criteria. The access criteria ensure that however the network changes, Post Office delivers essential services, including banking and cash services, across all four nations of the UK via its network of 11,500 branches.
The Government further understands the importance of face-to-face banking to communities and high streets, and is committed to championing sufficient access for all. We have committed to work closely with banks to roll out at least 350 banking hubs, which will provide individuals and businesses up and down the country with critical cash and banking services.
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