Press statement

Which? releases figures on bank branch closures and calls for hubs to open and free access to cash

1 min read
Press Team

Jenny Ross, Which? Money Editor, said:

"Banking hubs could play an important role in ensuring the cash needs of local communities are met. However, the rollout is taking far too long and the hubs must open as soon as possible so consumers can benefit.

"Our figures show how the number of bank branches and free-to-use ATMs has been slashed in recent years, so it's vital that new legislation protects free access to cash for the millions of people who rely on it.

"The government must guarantee minimum levels of access without fees being charged and give the Financial Conduct Authority powers to oversee the cash system to ensure it meets community needs."

ENDS

Notes to editors

  • New Which? research shows 587 bank branches have closed this year. Another 75 are scheduled for closure this year and 60 are scheduled for closure in 2023.
  • Which? has long campaigned to protect people's access to cash. Read more about our campaign here: