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MP Calls on HSBC to honour its position on Holyhead Branch

MP Calls on HSBC to honour its position on Holyhead Branch

Ynys Môn MP Albert Owen has called on HSBC to stand by its statement in a letter to him on 3rd February 2016 stating that Holyhead branch remains ‘an important part of our network’.

“These words, given by the HSBC Regional Director less than 12 months ago, are meaningless. Let me be clear: HSBC and other High Street banks have total disregard for local customers and local communities. They put profit before people.

“Banks have a closure by stealth policy. First, they have aggressive lobbying to encourage customers to go online; reduce branch opening hours and then announce closure.

“Banks are a vital part of the High Street and to town centre regenerations. By abandoning these locations they are contributing to their decline.

“I shall meet with HSBC and remind them what they said about Holyhead Branch, and to ascertain why in just 12 months the bank has moved from being an important part of the network to closure.”

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