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Published 3 months ago

A Labour government would consider new powers to prevent ‘banking deserts’

Summary by Ground News
Labour plans to accelerate the rollout of so-called banking hubs. Party is prepared to bring in new powers for the financial services regulator. Opposition party said extra controls could allow the Financial Conduct Authority to step in. Almost half of bank branches in the UK have shut in the eight years since the Conservatives won a majority in 2015.
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