Context
Residents in Corringham have petitioned to keep the last bank open, highlighting its importance for local businesses and residents.
Question
I met a group of residents who have raised a petition to keep the last bank in Corringham town open. The viability of our town centres often depends on the presence of a small number of anchor businesses such as a post office or a bank. Can my right hon. Friend tell the House what action the Government can take to ensure that at least one of those organisations maintains a high street presence to support businesses and residents alike, particularly when they have received significant Government support?
Answer from Oliver Dowden
My hon. Friend is absolutely right to raise this issue. Banks are a cornerstone of our high streets. Of course, it is ultimately a commercial decision for banks, but I think it is right that they take into account the views of local communities. I am sure the bank in question will have heard his remarks to the House and I trust that it will take appropriate action.
Not addressed: Specific actions not detailed beyond commercial decisions
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