Chris Davies MP speaks up for saving local banks in the House of Commons

On Thursday, 30 June 2016, Chris used his speech to push the Government to support local branches and, where that was not possible, to support the rollout of mobile banks, particularly across the most rural areas of Brecon and Radnorshire.

Speaking in the debate, Chris said “In recent months, I have had many meetings with local bank branch managers and bank representatives who are telling me that the rise and rise of technology is diminishing the need for local branch services, as people look to bank online or on their phone rather than in branch.”

But “Rural businesses also rely upon the services they receive in branch. Cash and cheque transactions are still made in abundance by small local businesses in the high streets of Brecon and Radnorshire and only local branches can offer these services.

“[I believe one solution is mobile banks and] I would therefore be very interested to hear from the Government what more they can do to support the banks in providing mobile services to the most rural areas, to give local people and businesses the support they need in their banking provision.”

After the debate, Chris said “I am glad to have had the opportunity to raise the issue of local bank closures with Government ministers. Westminster can seem a long way from our high streets in Brecon and Radnorshire where we are facing a number of bank closures and reduced opening times, so it is key that the Government hears the view from those of us on the ground.

I have been lobbying the banks to keep local branches open and have called for mobile banks we this is not suitable, and I will continue to do all I can to ensure our area has access to the banking services we all rely upon.”

For more information please contact James Evans on 01982 559180.