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HSBC Towcester Branch to Close

Author: Cllr Martin Johns - Lib Dem Published: 5th June 2015 09:56

HSBC Towcester Branch to CloseHSBC Towcester Branch to Close
Customers of HSBC’s Towcester Branch have been shocked at news that the bank is to close in August 2015.

Liberal Democrat, Councillor Catharine Tarbun who represents Towcester Mill, which includes the town centre, said: “It was quite a shock to learn that HSBC is to close. This is another blow to Towcester’s town centre.”

Councillor Martin Johns adds: “This is very disappointing news for Towcester. HSBC is in a key location in the town, moving their customers to a branch in Northampton will be very inconvenient and will have a knock-on adverse effect on other businesses in the town. With the increasing trend towards online banking, high street banks are struggling. I think this closure says more about problems within HSBC than Towcester as a high street destination. However, the loss of yet another business to the town centre will have a negative effect on the town.”

Councillor Chris Lofts comments: “This closure again demonstrates that both the town and district councils need to be doing more to help sustain our town centre. The Liberal Democrats are already in discussion with SNC about helping support our town centre in a more robust way.”

Banking first started on this site as far back as 1781. This was the bank run by local wool merchant and banker John Jenkinson. What became the Midland Bank opened in 1921 until the bank was acquired by HSBC in 1992.


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peter k
At 12:46 on 5th June 2015, peter k commented:
Can Towcester not "encourage" Santander to take up residence? An upcoming outfit that currently requires a visit to Northampton or Milton Keynes to do business with.

Go to it Business Group.
Always Write
At 21:14 on 9th June 2015, Always Write commented:
Attempting to score a political point has become an own goal.

THer eis not a lot the local council can do when an international banking operation like HSBC dcides to sack 20,000 people worldwide. The national government cannot stop them, what hope SNC.

Sometimes saying nothing would be more sensible, everyone who has internet banking is to blame, I am sure notn of those listed above use the internet for anything other than this new site.

will the Liberal Democrats want to save candle makers, farriers, I dont think we can stop the march of technology.
At 12:53 on 10th June 2015, cm9cm9 commented:
I live in Silverstone and bank with First Direct, which is part of HSBC. Despite my bank operating online, I often need to use over-the-counter services. It is just as easy for me to get to Buckingham, which is retaining its HSBC branch. Both towns have an Aldi and a Waitrose and since Homebase closed, that incentive to come to Towcester has disappeared too. Sorry Towcester - decision made!
Bob P
At 21:44 on 10th June 2015, Bob P commented:
Dear carol M do please tell us how you find parking in Buckingham compared to Towcester. Only the consumer can tell - rather than useless surveys.
At 10:42 on 13th June 2015, JimmyB commented:
Always Write, what on earth are you on about?

Informative article about a Towcester branch closing is trying to gain a political point? Yes times change but if Towcester had the infrastructure it badly needs itbwould not be hard to fill that building with another business. Unfortunetly I doubt that will be the case.

Maybe you should take your own advice and think before you rant!

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