We have lost many of our High Street banks over the last few years. This causes challenges for constituents who cannot travel, particularly pensioners and the disabled. Given that Post Offices are also facing challenges, I asked what more can be done to ensure that the major banks provide services at local Post Offices and was encouraged by the Minister’s response.
You can watch my question to the Minister here: https://goo.gl/zDTCjq and read below.
Huw:
High street businesses lose out when banks close, pensioners lose banking services, and post offices are also facing challenging times. What can be done to make sure that the main high street banks provide their services at least in a host post office that acts as a hub?
Andrew Griffiths:
My hon. Friend, who makes some important points, will know that the Government have invested £2 billion in the post office network to ensure that across the country, in communities where retail banks are closing, the Post Office can step up and allow his constituents and businesses, among others, to access both personal and business banking in their local post office. That is good for the post offices and for our communities.