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The Independent UK
The Independent UK
Business
Anna Wise

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 (Peter Byrne/PA) - (PA Wire)

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 she was “not immune” to the cost pressures facing small businesses following the Budget.

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