Two of the UK’s largest banks have been called to explain the failures within their IT systems that left customers without access to core services for several hours.

“It simply isn’t good enough to expose customers to IT failures, including delays in paying bills and an inability to access their own money,” Nicky Morgan, chair of the Treasury Select Committee, says in a statement.

“High-street banks justify the closure of their branch networks on the basis that they are providing a seamless