MP demands answers over HSBC bank closure in North Walsham
- Credit: PA
A decision to close an HSBC bank branch in North Walsham has been described as a 'real blow' by the town's MP.
The company has announced it will be shutting the outlet in November.
North Norfolk MP Norman Lamb has raised concerns about the move made public last week.
He said: 'Losing HSBC from North Walsham would be a real blow. Hard on the heels of bank closures in Stalham I am really worried that banks are not taking the needs of communities in rural Norfolk into account when they make these decisions. We need a full explanation of how they reached this decision.'
Mr Lamb has written to the bank's chief executive Antonio Simoes and the government's 'Minister for High Streets' Marcus Jones about the issue.
You may also want to watch:
The company blamed a reduction in business at the Market Place branch for the decision and said it would be working to address the concerns of customers and staff.
An HSBC spokesman said: 'We continually review our branch network to make sure our branches are in the right locations for our customers and we have a sustainable network for the future.
- 1 Travellers camped at garden centre car park
- 2 Ex-head charged with sex attacks on boys at Norfolk school
- 3 'It's not even that short' - schoolboy, 14, put in isolation due to haircut
- 4 'An insult to the city': Couple ditch 'hellhole' hotel after 45 minutes
- 5 Tattoo studio owner fined after refusing to close in lockdown
- 6 Long delays due to overturned lorry on A47/A11 Thickthorn roundabout
- 7 James Bond themed windmill owned by 007 star for rent
- 8 Elton John to kick off UK leg of farewell tour at Carrow Road
- 9 Norwich City drop huge hint of global star gig at Carrow Road
- 10 'Someone will get hurt' - Frustration over pothole near Norwich surgery
'Over the past five years, we have seen an overall reduction in footfall at our branches of more than 40 per cent, and sometimes we have to make the difficult decision to close branches.
'These are not decisions we take lightly and we work closely with those impacted, including customers and staff, to help them understand their options.'
The branch is due to close on November 25. Customers will be able to use the town's Post Office on New Road for banking or the nearest HSBC branch in Cromer.
Stalham lost its final two bank branches when Nat West and Barclays closed last year. HSBC shut its outlet in Reepham in September leaving the town without a bank.