United Kingdom · Question · Written question
HL HL9799
Banks: Closures
Introduced
4 September 2023
Last action
18 September 2023 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
18 September 2023
Summary
To ask His Majesty's Government what provisions are in place to support customers in the event of a rural bank closure with no bank branch available within three miles.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
4 September 2023
Written question
To ask His Majesty's Government what provisions are in place to support customers in the event of a rural bank closure with no bank branch available within three miles.
Source: Lords
18 September 2023
Answer
Decisions on opening and closing branches are taken by the management team of each bank on a commercial basis, which it would be inappropriate for the Government to intervene in. Guidance from the Financial Conduct Authority (FCA) sets out its expectation...
Source: Written answer
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- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2023-09-04/HL9799
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1657622
- uk · wq-1657622 · source updated 18 September 2023