Urgent Review Called for Over TSB Bank Closures

Ian Blackford MP has called for TSB to urgently review its decision to close 73 branches across Scotland – in some cases closing the last bank in town.

In a letter to TSB’s Chief Executive, the SNP Westminster Leader said he fears the closure of local branches could be the last straw for many high streets which have been struggling due to the Coronavirus pandemic.

Mr Blackford said that while banking services have changed in recent years, many people and local businesses still rely on their local branch – and for many people the face-to-face contact of visiting a local bank is invaluable.

The decision is also expected to result in 300 redundancies across Scotland. 

Commenting, Ian Blackford MP said:

“TSB must re-think their decision to close 73 branches across Scotland – in some cases closing the last bank in town.

“The decision will devastate many who rely on their local branch during an already very difficult time. 

“Older and vulnerable groups will be hit particularly hard by this decision.

“Many people are unable to use online services, or would struggle to travel to the next town to do their banking.

“Local banks also provide a footfall on high streets which other businesses rely on – now more than ever.

“TSB has chosen to close more branches than they plan to keep open in Scotland.

“I have requested an urgent meeting with TSB.”