Hinckley and Bosworth’s Lib Dem Council's motion on bank branches

Hinckley and Bosworth’s Lib Dem Council has passed this excellent motion on bank branches.

  • Council notes the recent closures of the Santander and Halifax bank branches in Hinckley as part of a wider spate of bank closures across the country.
  • Council further notes that whilst many people are comfortable and able to bank online some, often elderly, residents still rely on banking in person. Closing the local branch will mean them having to travel substantial distances when many are unable to drive.
  • Council calls on the Chancellor of the Exchequer to give the Financial Conduct Authority more powers to prevent large bank companies carrying out anti-social large scale closures of local branches without adequate alternative provisions.