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The Independent UK
The Independent UK
National
Vicky Shaw

The problems people are facing with their banks

  • A Which? survey revealed that over a third (35 per cent) of bank customers in the UK do not feel valued by their banks.
  • Customers reported dissatisfaction with the removal of services, including paper statements, automatic cheque book replacements, and face-to-face appointments.
  • Which? criticised the slow rollout of banking hubs, shared spaces for multiple banks, and urged for an expansion of their in-person services.
  • Cash Access UK confirmed 178 banking hubs have opened to date, with a goal of reaching 200 by the end of the year, and 231 have been recommended.
  • UK Finance stated that the banking industry is on track to establish 350 banking hubs by the end of the current Parliament.

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