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Personal Finance

New banking hubs announced to help communities with their cash needs

More banking hubs – which help to fill gaps in access to cash – will be rolled out in UK communities, it has been announced. An additional 13 hubs will be created, bringing the total number planned to 25, according to ATM network Link and the Cash ...

06 Sept 2022 at 01:01

Personal Finance

Reeves says towns risk becoming ‘banking deserts’ as she sticks to hubs target

The Chancellor has said towns are at risk of becoming “banking deserts” as she opened the UK’s 100th banking hub, and declined to commit to a fresh increase to the Government’s target despite calls to pick up the pace. Rachel Reeves also admitted ...

13 Dec 2024 at 12:38

Personal Finance

Company committed to maintaining access to cash opens its 50th banking hub

The 50th banking hub has opened, according to Cash Access UK, an organisation set up to help protect access to cash. The latest hub opened in Jedburgh in the Scottish Borders, and Cash Access UK said it aims to reach 100 by the end of the year. ...

10 May 2024 at 11:25

Personal Finance

Nine new banking hubs recommended to help communities access money

Nine new banking hubs have been recommended by ATM network Link, under an initiative to help maintain the cash network. Banking hubs are a shared banking space on the high street, with dedicated rooms where customers can see community bankers ...

27 Jan 2023 at 17:00

Personal Finance

Banking Hub company will help maintain access to cash

A new company will help to make sure there are sufficient cash services across the UK. In December, the Cash Action Group (CAG), made up of major banks, the Post Office and others, said any community facing the closure of a core cash service,...

17 Feb 2022 at 16:25

Personal Finance

UK’s bank branch network has been cut to the bone, say consumer campaigners

Cash access network Link has confirmed its 200th banking hub recommendation to help plug gaps in the cash access network, as consumer campaigners raised concerns about access to physical banks being “cut to the bone”. Link’s latest wave of ...

29 Jan 2025 at 16:09

MPs call for banking hubs to sell stamps to counter Post Office closures

Banking hubs should offer postal services to compensate for the closure of crown Post Office branches, MPs have said, as they criticised how the proposed shutting of sites has been handled. The Commons heard that some banking hubs, run by ...

30 Jan 2025 at 18:01

Personal Finance

Four new locations for banking hubs which share facilities revealed

Four new communities have been confirmed as locations for banking hubs, and six will receive support for business deposits, following a review of cash access. Banking hubs are similar to traditional bank branches but spaces are shared. ...

02 Nov 2022 at 01:01

Personal Finance

Two in five over-65s with bank account ‘do not manage their money online’

Nearly four in 10 (39%) older people are not managing their money online and could therefore be at risk of financial exclusion, according to Age UK. A survey found a high level of support for in-person banking, with three-quarters ...

03 May 2023 at 08:07

City

Link unveils UK locations for new banking hubs following Santander announcement

Nineteen new banking hubs have been recommended by cash access network Link, following Santander UK’s announcement that it is set to shut more branches. A banking hub is similar to a traditional bank branch, but the space is ...

19 Mar 2025 at 10:58

City

Link unveils locations for 11 more banking hubs as Lloyds shuts 49 branches

Eleven new banking hubs have been recommended by cash access network Link after Lloyds Banking Group announced a further 49 bank branches will close. A banking hub is similar to a traditional bank branch, but the space is ...

24 Sept 2025 at 15:53

Personal Finance

Locations for new banking hubs in England, Scotland and Wales revealed

Fifteen banking hubs have been announced as new rules to support cash access in communities take effect. The hubs are spaces shared by several banks, where personal and business customers can access basic banking ...

18 Sept 2024 at 00:01

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