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United Kingdom · Question · Written question

UIN 904246

Bank Services: Closures

answeredUnited Kingdom· UK Parliament· EN

Introduced

14 May 2025

Last action

20 May 2025 · Answer

Status

Answered

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Discovery layer

Source updated

20 May 2025

Summary

To ask the Chancellor of the Exchequer, what steps she is taking to help protect small businesses from bank account closures.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 May 2025

    Written question

    To ask the Chancellor of the Exchequer, what steps she is taking to help protect small businesses from bank account closures.

    Source: Commons

  2. 20 May 2025

    Answer

    Banking services fulfil a vital role for businesses across the UK. I recently laid legislation before Parliament which will require banks and other providers to give customers a longer notice period of 90 days before closing accounts and to provide a suff...

    Source: Written answer

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