Gosport MP pleads with banks to keep branches open

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AN MP has urged banks to keep branches open.

Gosport MP Caroline Dinenage spoke in parliament about concerns of people and small businesses in Lee-on-the Solent following the news that the HSBC bank in the town will close.

Last week, business secretary, Vince Cable MP, said he would write to big banks, urging them to keep branches open in towns where no other banks were open. During treasury questions, Ms Dinenage called for banks not to shut down branches.

Responding on behalf of the government, the economic secretary to the treasury Andrea Leadsom replied: ‘There are many people who are concerned about bank closures. In fact, recently I had a round table with a number of banks to discuss this issue, not least of which 
is the change of people towards mobile banking and telephone banking but we’re certainly looking very closely at this.’

Speaking outside the chamber, Ms Dinenage said: ‘Lee-on-the-Solent is home to a huge number of small businesses, many of which depend upon the services of their local bank which is why it is so worrying to hear that HSBC is soon to close.’