MP's delight as banking hub site confirmed in Dunstable

Local MP Alex Mayer had pushed for a town-centre location, and said she is delighted by the news.

Labour's election manifesto set out plans for 350 banking hubs nationwide. In the first month she was elected, Ms Mayer pressed the Treasury on banking hubs and the MP says she was always determined Dunstable would get one.

Work to fit out the new premises is due to begin later this month. Doors are then set to open by the Summer, according to Cash Access UK.

The hub will be staffed by Post Office workers. Residents will be able to make withdrawals and deposits, check balances and pay bills. Local businesses who use cash will also benefit.

Alex Mayer MP said: “The Quadrant is a great place for the new banking hub - right in the centre of town. I’m pleased its site has now been confirmed and look forward to residents using face-to-face high street banking services, whoever they bank with. While many like the convenience of online banking,

"I know for a lot of people and businesses, cash is still king. Around a quarter of local residents use notes and coins at least once a week."

A temporary banking hub will open while the permanent site is set up.