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Barclays to close its Newtown branch

 
Created on 16/06/2022 @ 15:51

Barclays is to close it Newtown branch later this year.

The banking giant says in-branch transactions have fallen dramatically and it has become unsustainable. It is also closing its Welshpool branch.

Both branches will close in September.

Welshpool and Newtown will close on the 16th and 23rdSeptember 2022 respectively, stating "the decision has been taken due to a sustained fall of in branch customer transactions."

 

Montgomeryshire MP, Craig Williams, said he was disappointed. “I am today incredibly disappointed to learn of Barclays’ plans to close its branches in Newtown and Welshpool. This decision will mean that Barclays will now have no physical footprint in Montgomeryshire, which is an enormous blow to staff and customers of both branches, as well as the constituency as a whole.
 
“Whilst I accept that the number of in branch banking transactions has fallen significantly over the past few years, over the counter services are of vital importance to customers who prefer not to bank online, or who are unable to – particularly in rural areas such as Montgomeryshire. The facility to use the Post Office for some banking services does not fully compensate for the closure of a personalised and local branch."
 
He added: “I am seeking an urgent meeting with Barclays’ representatives to discuss how it plans to provide services for its disenfranchised customers, and to ensure that continuing to provide personal and tailored services for those without access to online banking is its top priority.”