Heading: |
High Street Banks: Closures |
Question ID: |
1786644 |
UIN: |
HL5971 |
House: |
Lords |
Date tabled: |
2025-03-19 |
Asking Member ID: |
1796 |
Asking Member display name: |
Lord Taylor of Warwick
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Asking Member handle: |
Lord_ofWarwick
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Asking Member Twitter reference: |
@Lord_ofWarwick
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Member interest: |
false |
Question text: |
To ask His Majesty's Government what assessment they have made of the impact of the closure of high street bank branches on consumers, particularly older people. |
Is named day: |
false |
Date of holding answer: |
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Date answered: |
2025-04-02 |
Date answer corrected: |
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Is holding answer: |
false |
Is correcting answer: |
false |
Answering Member ID: |
4559 |
Answering Member display name: |
Lord Livermore
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Answering Member handle: |
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Answering Member Twitter reference: |
Lord Livermore
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Correcting Member ID: |
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Correcting Member display name: |
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Correcting Member handle: |
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Correcting Member Twitter reference: |
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Answer text: |
Banking has changed significantly in recent years with many customers benefiting from the ease and convenience of remote banking. While branch closures are commercial decisions for banks, the Financial Conduct Authority (FCA) guidance expects firms to car... |
Original answer text: |
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Comparable answer text: |
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Answering body ID: |
14 |
Answering body name: |
Treasury |
Tweeted: |
true |