Tag Archives: bank closures

6 March 2019 – yesterday’s press releases

  • PM fails to stand up for rural communities over bank closures
  • Cable: Catastrophic no-deal would push economy into recession
  • Davey: Britain must be far more ambitious on offshore wind
  • Lib Dems: Yet another embarrassing rejection of May’s Brexit

PM fails to stand up for rural communities over bank closures

Liberal Democrat MP Tim Farron today used Prime Minister’s Questions to urge the Prime Minister to properly compensate communities that have been abandoned by the banks and forced to use online banking instead.

According to the consumer group Which? around 3,000 bank branches have closed over the past three years.

Meanwhile over the same time period, innocent customers have lost an extra £2billion in online and financial fraud.

Speaking during Prime Ministers Questions, Tim Farron asked:

Will she agree that the banks have taken without giving for too long?

Will she meet with me to force the banks to compensate victims of fraud, to compensate the communities they have abandoned and to prevent banks closing the last branch in town?

In response, the Prime Minister refused to help abandoned communities and victims of financial fraud, instead saying that banks are “commercial organisations and those are decisions that they take.”

Following the exchange, Liberal Democrat MP Tim Farron said:

It’s absolutely staggering and hugely disappointing that the Prime Minister has decided to turn her back on communities like Grange in my constituency that have been abandoned by the banks.

People who have been victims of financial fraud and those who have been let down by the banks deserve better than the Prime Minister shrugging her shoulders.

Cable: Catastrophic no-deal would push economy into recession

Posted in News | Also tagged , , , , , , , , and | 8 Comments
Advert



Recent Comments

  • User AvatarRoland 18th Sep - 7:25pm
    @Jennie - Sometimes it takes an outsider to get people to see what people in their own organisation have been telling them for years... However,...
  • User Avatarfrankie 18th Sep - 7:23pm
    If the Tories do regain power they will leave without a deal and hope after five or so years people forget the pain. Many of...
  • User AvatarTom Harney 18th Sep - 7:07pm
    The result of the next election will depend on a number of things, like what the other parties do. The one we can influence is...
  • User AvatarAlex Macfie 18th Sep - 7:05pm
    David Allen: Johnson would do that anyway if he won an overall majority. He currently heads a minority government, but is behaving like the PM...
  • User Avatarjoe 18th Sep - 7:04pm
    Is it not about time you started calling yourselfs the none liberal democrats the vote was to leave and youse want to just ignore it...
  • User AvatarJennie 18th Sep - 6:56pm
    Lots of long standing lib dems have been pushing for a revoke policy since the day after the referendum, but sure, let's credit the n00b...
Thu 10th Oct 2019