The Bishop of Durham asked a question on the rate of new banking hubs, and the effects of the diminishing number of post offices in the north-east of England, during a debate on bank branch closures and the opening of new hubs on 11th December 2023:
The Lord Bishop of Durham asked: My Lords, I thank the Minister for that last answer. However, in the north-east, only one banking hub has been opened this year and there is a diminishing number of post offices, so it is quite hard to see how the post office network is actually helping in the north-east.
Baroness Vere of Norbiton (Con, Treasury): I point the right reverend Prelate to figures released by the FCA last week. We know that geographic coverage of the cash access network remains comprehensive, despite some branch closures over a period of time. Of course, we are keeping this under review, which is why we await the response to the FCA consultation. We expect any proposals to be in place by summer next year.
The Church of England in Parliament 
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