EDM 1265: Brecon banking hub

That this House calls for the urgent establishment of a full-service banking hub in the town of Brecon, following the closure of multiple bank branches in recent years; notes with concern that only one bank branch now operates in the town, despite Brecon serving a wide rural area with a discernible need for face-to-face access to cash and banking services; further notes that current legislation, under the competency of the UK Government, prohibits the creation of new banking hubs in locations where even a single bank remains, regardless of how inadequate that banking provision may be; believes that these legislative restrictions unfairly penalise rural towns like Brecon, where digital exclusion, distance from alternative services, and reliance on cash for business and agriculture remain key concerns; and further calls on the Government to amend the eligibility rules and ensure that Brecon is given the fair access to banking infrastructure that its community needs and deserves.