Council’s concerns over another bank closure

HSBC Bank in Downham Market to close in August.

HSBC Bank in Downham Market to close in August. - Credit: Archant

Councillors in Downham Market raised concerns about the impact another bank closure will have on visitors using to the town centre.

Robin Pegg suggested writing to south west Norfolk MP Elizabeth Truss to highlight the issue of the HSBC branch closing this summer.

At last night's full town council meeting, he said: 'The town is expanding whether we like it or not and soon there will be no banks here.

'In the past, we have written to our local MP to highlight our concerns - do you not think we should also write under these circumstances?'

Earlier this month, HSBC confirmed it is to permanently close the town's branch in the High Street.


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A spokesman stated the increase in online and telephone banking as among the reasons for the closure from 19 August.

The town's Natwest Bank branch closed down last year and this latest announcement has raised concerns about the impact this could have on the town centre.

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John Fox added: 'Without banks, people have no need to come to Downham Market; they will all go to King's Lynn or Wisbech to do their shopping because the banks are there.

'We need them to come to Downham Market and also visit the local businesses here.'

A decision on whether the town council will write to Ms Truss will be made at a later date.

• Are you concerned about the banks closing in Downham Market? Email louise.hepburn@archant.co.uk

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