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Scotland’s Banking Crisis and the Post Office Solution | Glasgow News

Scotland’s Banking Crisis and the Post Office Solution | Glasgow News

Published 1 day ago
Description

Scots are sounding the alarm as 70% fear being left behind without in-person banking—where real humans help with finances, not just cash. With three-quarters of bank branches gone in a decade, the Post Office is stepping up, calling for government-mandated minimum standards for face-to-face banking. Despite digital growth, 85% still use cash monthly, 84% visited a branch in two years, and half go monthly—especially vital for older, rural, or digitally excluded communities. The Treasury agrees, backing banking hubs and launching a review to protect these essential services.

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