How important are cash and banking services to the health of the high street?
The Scottish Affairs Committee continues its inquiry exploring the future of Scotland’s high streets with an evidence session focused on access to cash and high street banking.
In the first panel, the cross-party committee will hear from UK Finance, the banking industry’s trade association. MPs will explore the impact of high street bank branch closures on local businesses, communities and town centres. It will also consider how any replacement provision of access to cash and banking facilities can account for challenges in Scotland around rurality and digital connectivity.
Meeting details
In the second panel, the committee will hear from LINK, Cash Access UK and the Post Office, which are key organisations involved in providing additional or replacement access to cash and banking provision on UK high streets.
Members may ask about access to free-to-use ATMs, the rollout of banking hubs and Post Office banking services. The importance of local cash access for high streets, and the UK Government’s recently announced Access to Banking Services review, could also be discussed.