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Monday, November 11, 2013

Politicians slam shock closure of Llan's HSBC bank

Local elected representatives have condemned HSBC's sudden shock decision to close its Llangollen branch in February 2014.

"HSBC calls itself 'the world's local bank' but this is patently untrue if you live in North Wales," said Susan Elan Jones MP.

"In my constituency alone, Corwen, Cefn Mawr and Rhosllannerchrugog HSBC branches have all closed in the last few years, and now Llangollen will be closing too. I will be writing to the bank to demand a proper explanation of their actions."

Llangollen Mayor, Councillor Bob Lube, said: "I'm extremely disappointed by this terrible news, which will be a big blow to local residents and businesses. I'm very surprised by what the bank is claiming about the economic viability of Llangollen branch in view of the huge number of tourists who visit our town, especially during the summer months."

Meanwhile, local Welsh Assembly Member Ken Skates AM commented: "My constituency office is in Llangollen, and I know how well-used the HSBC branch is. Now that HSBC has made this dreadful decision, I hope that as a minimum it'll keep the cashpoint open and have a serious agreement in place with the local Post Office about paying-in services."

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