I was pleased to recently join more than 100 MPs from across Parliament in signing a letter to the Chief Executive of Lloyds Banking Group, urging them to restore cheque deposit services at Post Offices and Banking Hubs.
It is therefore good to hear that Lloyds Banking Group have listened, and they have asked the Post Office to accept cheque deposits into Lloyds accounts at Post Offices and Banking Hubs until the end of 2030.
As I said previously there are still many people, those who are less comfortable with digital banking, for whom cheques remain an important way of managing their finances. They should not be left behind!
So, this is a victory for People Power!