Chancellor opens 100th banking hub – is there one near you?

Chancellor Rachel Reeves and economic secretary Tulip Siddiq have inaugurated the UK’s 100th banking hub in Darwen, Lancashire, in response to bank closures in the area. These hubs offer essential face-to-face banking services like cash withdrawals and cheque deposits and are run by multiple banking brands, with the Labour government pledging to establish 350 hubs by 2029. The initiative aims to safeguard access to banking services for local residents and businesses, revitalize high streets, and improve living standards nationwide.

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