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1702111
registered interest false more like this
date less than 2024-04-18more like thismore than 2024-04-18
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether he plans to hold discussions with representatives of the main banks on the potential merits of agreeing a new banking framework with the Post Office for the period after 2025. more like this
tabling member constituency East Londonderry more like this
tabling member printed
Mr Gregory Campbell more like this
uin 22517 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2024-04-23more like thismore than 2024-04-23
answer text <p>The Government is supportive of industry initiatives that assist access to in-person banking. These include the Post Office Banking Framework, which allows personal and business customers to carry out everyday banking services at 11,500 Post Office branches across the UK.</p><p>Negotiations between the banking industry and the Post Office regarding any future Banking Framework are commercial discussions and the Government has no role.</p> more like this
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
less than 2024-04-23T10:43:36.77Zmore like thismore than 2024-04-23T10:43:36.77Z
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
1409
label Biography information for Mr Gregory Campbell more like this
1506862
registered interest false more like this
date less than 2022-09-20more like thismore than 2022-09-20
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will take steps to help ensure that the Post Office Community Network is able to handle increased demands for over the counter banking services. more like this
tabling member constituency Bosworth more like this
tabling member printed
Dr Luke Evans more like this
uin 52009 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-09-26more like thismore than 2022-09-26
answer text <p>Over the past ten years, the Government has provided over £2.5 billion in funding to support the Post Office network. Government is providing a further £335 million for the Post Office over the next three years. We are confident that with this funding, Post Office can continue to meet the core requirements for the network and ensure post office services will remain available to communities across the country.</p><p> </p><p>Post Office is a commercial business that operates independently of Government. How post offices are responding to increased demand for banking services is a matter for Post Office Ltd.</p> more like this
answering member constituency Watford more like this
answering member printed Dean Russell more like this
question first answered
less than 2022-09-26T13:53:05.453Zmore like thismore than 2022-09-26T13:53:05.453Z
answering member
4812
label Biography information for Dean Russell more like this
tabling member
4781
label Biography information for Dr Luke Evans more like this
1506866
registered interest false more like this
date less than 2022-09-20more like thismore than 2022-09-20
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of increasing the amount of cash that can be deposited at a post office. more like this
tabling member constituency Bosworth more like this
tabling member printed
Dr Luke Evans more like this
uin 52010 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-09-22more like thismore than 2022-09-22
answer text <p>The Government recognises that millions of people across the UK continue to use cash as part of their daily lives, particularly those in vulnerable groups, and has introduced legislation to protect access to cash as part of the Financial Services and Markets Bill. The Bill intends to establish the Financial Conduct Authority as the lead regulator for cash access and provide it with appropriate powers to seek to ensure reasonable provision of withdrawal and deposit facilities.</p><p> </p><p>The Government welcomes The Post Office Banking Framework between Post Office Limited and the major UK banks which allows 99% of personal banking and 95% of business customers to carry out their everyday banking at 11,500 Post Office branches across the UK.</p><p> </p><p>This is a commercial agreement and therefore the Government does not make assessments of the commercial discussions between POL and participating firms. However, the Government expects the UK banking sector to continue to ensure customers have appropriate access to banking services.</p><p> </p><p>Any method for depositing cash must comply with relevant regulations, including Money Laundering Regulations. The value of cash that can be deposited at a Post Office branch is a commercial decision for the parties involved.</p>
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
grouped question UIN 52011 more like this
question first answered
less than 2022-09-22T13:15:10.387Zmore like thismore than 2022-09-22T13:15:10.387Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
4781
label Biography information for Dr Luke Evans more like this
1506867
registered interest false more like this
date less than 2022-09-20more like thismore than 2022-09-20
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, whether his Department has made a recent assessment of whether (a) banks and (b) building societies would be willing to provide (i) training and (ii) equipment to help ensure that post offices are able to undertake over-the-counter banking services. more like this
tabling member constituency Bosworth more like this
tabling member printed
Dr Luke Evans more like this
uin 52011 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2022-09-22more like thismore than 2022-09-22
answer text <p>The Government recognises that millions of people across the UK continue to use cash as part of their daily lives, particularly those in vulnerable groups, and has introduced legislation to protect access to cash as part of the Financial Services and Markets Bill. The Bill intends to establish the Financial Conduct Authority as the lead regulator for cash access and provide it with appropriate powers to seek to ensure reasonable provision of withdrawal and deposit facilities.</p><p> </p><p>The Government welcomes The Post Office Banking Framework between Post Office Limited and the major UK banks which allows 99% of personal banking and 95% of business customers to carry out their everyday banking at 11,500 Post Office branches across the UK.</p><p> </p><p>This is a commercial agreement and therefore the Government does not make assessments of the commercial discussions between POL and participating firms. However, the Government expects the UK banking sector to continue to ensure customers have appropriate access to banking services.</p><p> </p><p>Any method for depositing cash must comply with relevant regulations, including Money Laundering Regulations. The value of cash that can be deposited at a Post Office branch is a commercial decision for the parties involved.</p>
answering member constituency Arundel and South Downs more like this
answering member printed Andrew Griffith more like this
grouped question UIN 52010 more like this
question first answered
less than 2022-09-22T13:15:10.433Zmore like thismore than 2022-09-22T13:15:10.433Z
answering member
4874
label Biography information for Andrew Griffith more like this
tabling member
4781
label Biography information for Dr Luke Evans more like this
1156425
registered interest false more like this
date less than 2019-10-25more like thismore than 2019-10-25
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, if she will bring forward legislative proposals to oblige banks and building societies to sign an agreement with the Post Office to enable customers to withdraw money from their bank accounts at their local post office. more like this
tabling member constituency Wolverhampton North East more like this
tabling member printed
Emma Reynolds more like this
uin 5435 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-10-31more like thismore than 2019-10-31
answer text <p>The Government recognises the critical role that post offices play in communities and for small businesses across the UK. This is why the Government committed to safeguard the post office network and protect existing rural services. The overall number of post offices across the UK remains at its most stable in decades with over 11,600 branches thanks to significant Government investment of over £2 billion since 2010.</p><p> </p><p>On 8th October 2019 the Post Office announced a new Banking Framework agreement with 28 UK banks to ensure that millions of their customers continue to have national, free access to everyday banking services. Signing up to this framework was a commercial decision for each bank to make, as banks and building societies have a commercial right to decide. ​ We are pleased that as of 25 October 2019 all 28 high street banks signed up in full. This will ensure that communities across the UK, in particular the elderly and vulnerable, have access to withdraw cash.</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-10-31T09:32:14.72Zmore like thismore than 2019-10-31T09:32:14.72Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
previous answer version
2869
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4077
label Biography information for Emma Reynolds more like this
1135312
registered interest false more like this
date less than 2019-06-27more like thismore than 2019-06-27
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, what discussions his Department has had with representatives from Post Office Ltd on expanding the provision of banking services in post offices in rural communities. more like this
tabling member constituency Angus more like this
tabling member printed
Kirstene Hair more like this
uin 270430 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-04more like thismore than 2019-07-04
answer text <p>The Post Office agreed a three-year, industry-wide agreement known as the Banking Framework in January 2017. This agreement allows 95% of business and 99% of personal banking customers to access their account at post offices and marked the largest expansion of face-to-face banking in a generation, allowing communities and businesses to withdraw money, deposit cash and cheques and check balances at 11,500 Post Office branches in the UK. The volume of basic banking transactions undertaken at Post Offices has steadily increased since the introduction of the Banking Framework, with close to 130 million transactions in 2018.</p><p> </p><p>The Post Office has recently renegotiated the commercial terms and service enhancements for Banking Framework 2, which will take effect from January 2020. Under the new agreement, there will be a significant increase to the fees that the Post Office will receive from the banks for processing transactions. The Post Office’s overall income through Banking Framework 2 will only increase further as transaction volumes continue to grow.</p><p> </p><p>HM Treasury is very supportive of the agreement and recognises fully its role in providing continued access to over-the-counter banking services for customers across the country, particularly when a bank branch closes. However, these are commercial matters for the banks and the Post Office and they require full commercial freedom to consider what, if any, further banking services might be feasible to offer through the Post Office network.</p>
answering member constituency Salisbury more like this
answering member printed John Glen more like this
question first answered
less than 2019-07-04T14:18:47.213Zmore like thismore than 2019-07-04T14:18:47.213Z
answering member
4051
label Biography information for John Glen more like this
tabling member
4675
label Biography information for Kirstene Hair more like this
1134483
registered interest false more like this
date less than 2019-06-25more like thismore than 2019-06-25
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, how much and what proportion of fees paid by banks to the Post Office Limited have been paid to sub-postmasters in the most recent period for which figures are available. more like this
tabling member constituency Motherwell and Wishaw more like this
tabling member printed
Marion Fellows more like this
uin 269081 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-07-02more like thismore than 2019-07-02
answer text <p>The Government recognises the critical role that post offices play in communities and for small businesses across the UK; this is why the Government committed to safeguard the post office network and protect existing rural services. The overall number of post offices across the UK remains at its most stable in decades with over 11,500 branches thanks to significant Government investment of over £2 billion since 2010.</p><p>The Government welcomes the development of banking services at post offices and the recently announced increased fees for postmasters. Payments to the Post Office and to postmasters under the Banking Framework agreement are commercially confidential and cannot be publicly disclosed.</p><p> </p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-07-02T14:10:19.647Zmore like thismore than 2019-07-02T14:10:19.647Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4440
label Biography information for Marion Fellows more like this
1062087
registered interest false more like this
date less than 2019-02-15more like thismore than 2019-02-15
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the effect on the financial sustainability of post offices of the rates banks pay post offices for transactions. more like this
tabling member constituency Ceredigion more like this
tabling member printed
Ben Lake more like this
uin 222055 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-27more like thismore than 2019-02-27
answer text <p>The Government recognises the critical role that post offices play in communities and for small businesses across the UK. This is why the Government committed to safeguard the post office network and protect existing rural services. The overall number of post offices across the UK remains at its most stable in decades with over 11,500 branches thanks to significant Government investment of over £2 billion since 2010.</p><p> </p><p>While the Government sets the strategic direction for the Post Office, it allows the company the commercial freedom to deliver this strategy as an independent business. The remuneration banks pay to postmasters when dealing with transactions is an operational matter for the Post Office. I have therefore asked Paula Vennells, the Group Chief Executive of Post Office Limited, to write to the Hon Member on this matter. A copy of her reply will be placed in the Libraries of the House.</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-02-27T13:29:28.85Zmore like thismore than 2019-02-27T13:29:28.85Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4630
label Biography information for Ben Lake more like this
1062088
registered interest false more like this
date less than 2019-02-15more like thismore than 2019-02-15
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with (a) Cabinet colleagues, (b) banks and (c) the Post Office on increasing the rates that banks pay the Post Office to process transactions. more like this
tabling member constituency Ceredigion more like this
tabling member printed
Ben Lake more like this
uin 222056 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2019-02-27more like thismore than 2019-02-27
answer text <p>The Government recognises the critical role that post offices play in communities and for small businesses across the UK. This is why the Government committed to safeguard the post office network and protect existing rural services. The overall number of post offices across the UK remains at its most stable in decades with over 11,500 branches thanks to significant Government investment of over £2 billion since 2010.</p><p> </p><p>While the Government sets the strategic direction for the Post Office, it allows the company the commercial freedom to deliver this strategy as an independent business. The matter such as the above is an operational matter for the Post Office. I have therefore asked Paula Vennells, the Group Chief Executive of Post Office Limited, to write to the Hon Member on this matter. A copy of her reply will be placed in the Libraries of the House</p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2019-02-27T13:29:36.1Zmore like thismore than 2019-02-27T13:29:36.1Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4630
label Biography information for Ben Lake more like this
1006170
registered interest false more like this
date less than 2018-11-13more like thismore than 2018-11-13
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Post Offices: Bank Services remove filter
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Energy and Industrial Strategy, how many post offices offer Post Office Current Accounts in branch by (a) region and (b) Local Enterprise Partnership area in England. more like this
tabling member constituency Sheffield, Brightside and Hillsborough more like this
tabling member printed
Gill Furniss more like this
uin 190966 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-11-19more like thismore than 2018-11-19
answer text <p>Post Office Current Accounts can be serviced across the UK-wide network of over 11,500 Post Office branches, for deposits, withdrawals and balance enquiries. Services can also be accessed over the phone, online and via the Post Office Money Current Account app.</p><p> </p><p>The most recent information available (June 2018) on the Post Office network is available by Government Office Region online: <a href="http://corporate.postoffice.co.uk/sites/default/files/Network%20Report%202018%20FINAL.pdf" target="_blank">http://corporate.postoffice.co.uk/sites/default/files/Network%20Report%202018%20FINAL.pdf</a></p> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-11-19T15:34:55.217Zmore like thismore than 2018-11-19T15:34:55.217Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4571
label Biography information for Gill Furniss more like this