Friday, December 01, 2017

Communities need protection against RBS closures


 

Commenting on reports that RBS plans to close one in four of its branches, Liberal Democrat leader Vince Cable said:

“We understand that RBS needs to sort out its business so it can be sold at a profit for taxpayers rather than the loss that ministers currently seem to be pushing for
.
“However, there is also a ‘last bank in town’ policy that all banks should be following to make sure communities are not left without banking facilities, including orderly transfer of services to local Post Offices and free-to-use cash machines.

"We need assurances from RBS that there are arrangements in place that will not leave communities isolated because of its cost-cutting measures.”
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