Chamber
Meeting of the Parliament 25 February 2026 [Draft]
25 Feb 2026 · S6 · Meeting of the Parliament
Item of business
Portfolio Question Time
Banking Hubs
Regulation of financial services is reserved and, as such, the Scottish Government has no powers to undertake any assessment of the Financial Conduct Authority’s access to cash regime, including the effectiveness of banking hubs. However, we engage regularly with the FCA, LINK, the Post Office and Cash Access UK on subjects such as access to cash, and we have raised Scotland-specific concerns and impacts following the introduction of the FCA’s new rules. The FCA is undertaking a post-implementation review of the regime in 2026, so we will have further opportunities to engage directly with it during that process.
In the same item of business
6. Jamie Hepburn (Cumbernauld and Kilsyth) (SNP)
SNP
To ask the Scottish Government what assessment it has made of any benefits brought by the banking hub model that is operated by Post Office Ltd and funded by...
The Minister for Business and Employment (Richard Lochhead)
SNP
Regulation of financial services is reserved and, as such, the Scottish Government has no powers to undertake any assessment of the Financial Conduct Authori...
Jamie Hepburn
SNP
The news that Kilsyth is to receive a banking hub is very welcome, as it has lost all its retail banks. However, Cumbernauld, which has also lost a number of...
Richard Lochhead
SNP
We all recognise the importance of face-to-face banking services in our local high streets, and I welcome the fact that at least one community in the member’...