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Santander Group

Asked by Alison TaylorLabourTreasuryTabled Answered 13 February 2025UIN 29322

The question

To ask the Chancellor of the Exchequer, whether she has had discussions with Santander on (a) its banking presence on high streets and (b) the impact of that on (i) consumers and (ii) businesses.

Answered by Emma Reynolds

The Chancellor of the Exchequer meets regularly with all major banks to discuss a wide variety of topics.

The Government understands the importance of face-to-face banking to communities, high streets and businesses across the UK, and is committed to championing sufficient access for all as a priority. Access to financial services is key to ensuring all citizens and businesses can both contribute to and benefit from growth in the UK.

The Government continues to work closely with banks to roll out 350 banking hubs by the end of this parliament, which will provide local residents and businesses up and down the country with critical cash and banking services.

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