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      Stornoway, Broadbay & Lochs news

Members of the public are being given a chance to protest this evening about the closure of TSB's branch in Stornoway.

The public meeting is being held in Stornoway Town Hall tonight (Thursday 23 May) at 7:30pm

Susan Thomson, SNP Candidate for Na h-Eileanan an Iar at the upcoming General Election, has delivered a stinging criticism of the role banks themselves play in bringing about the conditions which then led to branch closures.

Councillor Thomson said, “The banks justify branch closures citing changing customer behaviour and reducing footfall in branches. Yet they fail to acknowledge that for the past 20 years they have been instrumental in driving the change in customer behaviour that justifies their decisions to close branches.

“Branch closures affect the most vulnerable in communities the hardest, leaving them without access to services and continuing the drive to reduce access to cash and subsequently cash use. We know this adversely affects community groups, small businesses, and charitable giving, particularly for small charities.”

She continued, “As a former employee of one of the ‘Big Four’ banks, I have first-hand experience of the damaging impacts of a branch closure on a community.  The decision to close Stornoway branch may well be good news for shareholders but will be devastating for staff, customers, and the local economy.”