It’s after Axminster lost its last remaning bank

A Devon MP has called on the government to introduce more banking hubs after Axminster lost its last remaining bank.

Speaking in a Westminster Hall debate on a public petition to require all businesses and public services to accept cash payments, Richard Foord (Lib Dem, Tiverton & Honiton) claimed people are increasingly having less access to their own money because of bank closures.

He raised the case of Axminster, which lost its last bank branch in November, and said HSBC in Honiton is closing this summer.

“This issue is affecting in quite a miserable fashion some of the small businesses that depend on being able to deposit and withdraw money locally,” Mr Foord said.

He added: “We have…



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