Stay updated with breaking news from John Howells. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Despite repeated announcements promising a total of 25 shared banking schemes spanning the breadth of Britain, just two pilot scheme hubs have opened so far.
A SCOTTISH minister has welcomed plans for a shared banking hub in Forres following the recent closure of the last bank branch in town.
An additional 13 hubs, which share banking services, will be created in UK communities, after many bank branches have shut in recent years.
Switch to plastic pushes cash use down 40pc since the pandemic
The country's major high street banks have been warned by the financial regulator that they must make new-style banking hubs a 'priority' in the coming months.