Select committee: Treasury Committee

Retail Banks

Closed Opened 31 Jan 2023 Closed 30 May 2024

Treasury Committee Inquiry on parliament.uk ↗

Where it stands

The inquiry is closed, opened 31 January 2023.

The committee has not published a report yet.

Evidence

2 oral evidence sessionsLatest 20 March 2024
7 witnesses

All evidence

Recent activity

Letter from Barclays to the Chair, dated 19 April 20241 May 2024, Correspondence
Letter from the Chair to Barclays, dated 28 March 20241 May 2024, Correspondence
Letter from NatWest to the Chair, dated 19 April 20241 May 2024, Correspondence

Oral evidence sessions

2 sessions

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Date	Session and witnesses	Source
20 Mar 2024	Oral evidence session Charlie Nunn · Lloyds Banking Group, Mike Regnier · Santander UK, Paul Thwaite · NatWest Group, Vim Maru · Barclays UK	View ↗
7 Feb 2023	Oral evidence session Charlie Nunn · Lloyds Banking Group, Dame Alison Rose · NatWest Group, Ian Stuart · HSBC UK, Matt Hammerstein · Barclays UK	View ↗

Who gave evidence

7 witnesses

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Witness	Organisation	Sessions
Charlie Nunn · CEO	Lloyds Banking Group	2
Dame Alison Rose · CEO	NatWest Group	1
Ian Stuart · CEO	HSBC UK	1
Matt Hammerstein · CEO	Barclays UK	1
Mike Regnier · Chief Executive Officer	Santander UK	1
Paul Thwaite · CEO	NatWest Group	1
Vim Maru · CEO	Barclays UK	1

Correspondence

37 letters

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Published	Direction	Letter
1 May 2024	To committee	Letter from Santander UK to the Chair, dated 18 April 2024
1 May 2024	To committee	Letter from Lloyds to the Chair, dated 19 April 2024
1 May 2024	To committee	Letter from NatWest to the Chair, dated 19 April 2024
1 May 2024	To committee	Letter from Barclays to the Chair, dated 19 April 2024
1 May 2024	To committee	Letter from the Chair to Santander UK, dated 28 March 2024
1 May 2024	To committee	Letter from the Chair to Lloyds Banking Group, dated 28 March 2024
1 May 2024	To committee	Letter from the Chair to NatWest, dated 28 March 2024
1 May 2024	To committee	Letter from the Chair to Barclays, dated 28 March 2024
18 Jul 2023	Not recorded	Correspondence from NatWest, relating to savings rates, dated 14 July
18 Jul 2023	Not recorded	Correspondence from HSBC, relating to savings rates, dated 17 July
18 Jul 2023	Not recorded	Correspondence from Lloyds, relating to savings rates, dated 17 July
18 Jul 2023	Not recorded	Correspondence from Barclays, relating to savings rates, dated 17 July
18 Jul 2023	Not recorded	Correspondence from the Financial Conduct Authority, relating to savings rates, dated 14 July
3 Jul 2023	Not recorded	Correspondence from the Chair to Natwest, relating to savings rates, dated 3 July
3 Jul 2023	Not recorded	Correspondence from the Chair to HSBC, relating to savings rates, dated 3 July
3 Jul 2023	Not recorded	Correspondence from the Chair to Lloyds, relating to savings rates, dated 3 July
3 Jul 2023	Not recorded	Correspondence from the Chair to Barclays, relating to savings rates, dated 3 July
3 Jul 2023	Not recorded	Correspondence from the Chair to the Financial Conduct Authority, relating to savings rates, dated 3 July
8 Jun 2023	To committee	Letter from Santander relating to the Interest rates on instant access savings accounts, dated 24 May
8 Jun 2023	To committee	Letter from Virgin Money UK plc relating to the Interest rates on instant access savings accounts, dated 24 May
8 Jun 2023	To committee	Letter from TSB Bank plc relating to the Interest rates on instant access savings accounts, dated 23 May
8 Jun 2023	To committee	Letter from Nationwide Building Society relating to the Interest rates on instant access savings accounts, dated 22 May
10 May 2023	Not recorded	Correspondence from the Chair to TSB, relating to savings rates, dated 10 May
10 May 2023	Not recorded	Correspondence from the Chair to Virgin Money, relating to savings rates, dated 10 May
10 May 2023	Not recorded	Correspondence from the Chair to Santander UK, relating to savings rates, dated 10 May
10 May 2023	Not recorded	Correspondence from the Chair to Nationwide, relating to savings rates, dated 10 May
20 Apr 2023	Not recorded	Correspondence from the FCA relating to retail banks, dated 12 April
22 Mar 2023	Not recorded	Correspondence from the Chair to the FCA, relating to retail banks, dated 21 March
22 Mar 2023	Not recorded	Correspondence from NatWest relating to the session on Retail Banks on 7 February, dated 13 March
22 Mar 2023	Not recorded	Correspondence from Lloyds relating to the session on Retail Banks on 7 February, dated 10 March
22 Mar 2023	Not recorded	Correspondence from Barclays relating to the session on Retail Banks on 7 February, dated 13 March
22 Mar 2023	Not recorded	Correspondence from HSBC relating to the session on Retail Banks on 7 February, dated 14 March
7 Mar 2023	Not recorded	Correspondence from the FCA relating to Access to Cash and Bank Branch Closures, dated 28 February
1 Mar 2023	Not recorded	Correspondence from the Chair to Lloyds Banking Group, relating to the session on ‘Retail Banks’ on 7 February, dated 1 March
1 Mar 2023	Not recorded	Correspondence from the Chair to NatWest, relating to the session on ‘Retail Banks’ on 7 February, dated 1 March
1 Mar 2023	Not recorded	Correspondence from the Chair to Barclays, relating to the session on ‘Retail Banks’ on 7 February, dated 1 March
1 Mar 2023	Not recorded	Correspondence from the Chair to HSBC, relating to the session on ‘Retail Banks’ on 7 February, dated 1 March