House of Commons
LOCAL BANK BRANCH CLOSURES
EDM #626
Tabled 01 December 2017
2017-19 Session
That this House condemns the decision of the majority state-owned RBS Group to close 259 branches, covering its RBS and NatWest brands; notes that those closures bring the total number of local bank branch closures to over 1,000 since 2015; further notes that such closures are expected to result in 680 job losses; is concerned of the effect that those closures will have on the access to banking services for communities across the UK; notes that vulnerable people and rural communities rely on physical branches to access basic banking services; notes that the Unite Union has accused RBS of decimating the network and betraying communities; notes that such closures highlight the need for a publicly-supported, community-based bank network; calls on the Government to explore the possibility of a Community Reinvestment Bill, which would encourage depository institutions to help meet the credit needs of the communities in which they operate; and further calls on the Government, as the majority shareholder of RBS Group, to act to reverse those closures and ensure there is necessary access to banking services for all.

Signatures (32)

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.
In addition to the sponsors, the following Members have signed to support the motion.
There are no withdrawn signatures for this Motion