This is when the RBS branch in Portsmouth will close

Royal Bank of Scotland will close hundreds of branches across the country this year '“ including one in Portsmouth.Â
By The Newsroom
Published 6th Sep 2018, 11:35 BST
Updated 6th Sep 2018, 11:37 BST
RBS will be closing hundreds of branches this year. Picture: Philip Toscano/PA WireRBS will be closing hundreds of branches this year. Picture: Philip Toscano/PA Wire
RBS will be closing hundreds of branches this year. Picture: Philip Toscano/PA Wire

The bank on Edinburgh Road is set to shut in a couple of months time, although customers will be able to use a selection of services in the NatWest branches in the city. 

RBS announced that branches in Portsmouth and Fareham would close earlier this year as part of 160 closures nationally - which will result in 792 job loses.

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Portsmouth and Fareham branches of Royal Bank of Scotland to close
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However yesterday it was announced that 54 branches would be shutting '“ with the Eastbourne one set to shut. 

The Fareham RBS closed last month on August 7 and the Portsmouth branch will close on November 13.

'˜Utterly disgusting'

Following the announcement of further branch closures yesterday, an RBS spokesman said: '˜As we are no longer launching Williams & Glyn as a challenger bank we now have two branch networks operating in close proximity to each other in England and Wales - NatWest and Royal Bank of Scotland.

'˜As a result we have reviewed our overall branch footprint in England and Wales and have made the difficult decision to close 54 Royal Bank of Scotland branches.

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'˜Customers of Royal Bank of Scotland in England and Wales will be able to use NatWest branches and local post offices for their everyday banking needs.' 

Unions reacted with fury to the news, describing the decision as a hammer blow to the disabled and elderly.

Rob MacGregor, of union Unite, said: '˜It is utterly disgusting that Royal Bank of Scotland has the audacity to announce that yet more important local bank branches will permanently close their doors.

'˜This announcement heaps further misery on communities across England and Wales that have already seen the demise of local banking services as branches that were signposted by the bank earlier in 2018 as an alternative for customers whose branches were closing, now suffering a similar fate.

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'˜The disabled, elderly and many local businesses will today be deeply disappointed that their bank has chosen to withdraw from their community and no longer provide them with the access to banking services which we all deserve.' 

Related topics:Royal Bank of ScotlandPortsmouthWalesEnglandFareham