POST BANK COALITION

That this House congratulates the Post Bank Coalition of the Communication Workers Union, Federation of Small Businesses, New Economics Foundation, Unite the Union, National Convention of Pensioners and Public Interest Research Centre, on its plans for a new state-owned Post Bank based on the Post Office network; recognises the importance such a Bank could have in underpinning the future sustainability of the Post Office network; and calls on the Government, as a matter of urgency, to set up a Post Bank to combat financial exclusion and allow communities and local businesses to access a fair and trusted banking system.