Big update in my campaign to open a banking hub
- May 14
- 1 min read
Thanks BBC Devon for having me on yesterday to chat about the disappearance of banking services from rural areas and the impact on customers.
This is something I have been campaigning on a lot recently – including calling on the Prime Minister to act.
𝐈𝐭 𝐚𝐩𝐩𝐞𝐚𝐫𝐬 𝐭𝐡𝐞 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐡𝐚𝐬 𝐰𝐨𝐤𝐞𝐧 𝐮𝐩 𝐭𝐨 𝐭𝐡𝐞 𝐢𝐬𝐬𝐮𝐞 𝐛𝐞𝐜𝐚𝐮𝐬𝐞 𝐲𝐞𝐬𝐭𝐞𝐫𝐝𝐚𝐲 𝐭𝐡𝐞𝐲 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐝 𝐚 𝐫𝐞𝐯𝐢𝐞𝐰 𝐭𝐨 𝐩𝐫𝐨𝐭𝐞𝐜𝐭 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐟𝐚𝐜𝐞-𝐭𝐨-𝐟𝐚𝐜𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬.
According to the government, the review will gather evidence on the real-world impact of branch closures and assess where further action may be needed to protect access to banking services.
One place where further action is needed is South Devon, which has seen 95% of its branch network close since 2015!
𝐈 𝐰𝐢𝐥𝐥 𝐤𝐞𝐞𝐩 𝐚 𝐜𝐥𝐨𝐬𝐞 𝐞𝐲𝐞 𝐨𝐧 𝐡𝐨𝐰 𝐭𝐡𝐢𝐬 𝐫𝐞𝐯𝐢𝐞𝐰 𝐩𝐫𝐨𝐠𝐫𝐞𝐬𝐬𝐞𝐬 𝐚𝐧𝐝 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐦𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐚𝐬𝐞 𝐟𝐨𝐫 𝐚 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐡𝐮𝐛 𝐢𝐧 𝐓𝐨𝐭𝐧𝐞𝐬.
I have also applied for a parliamentary debate on the availability of banking services – I will keep you all updated on how that progresses.
While this news doesn’t mean a banking hub is coming to Totnes right away, it is a very positive sign that the government is finally realising how poor the current access to banking is for many across the country.
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