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Portsmouth MP continues call on Government to act following latest city high street casualty

Stephen Morgan MP has slammed Government inaction following yet another high street closure planned for Portsmouth’s high streets, this time Halifax bank on Palmerston Road.

Mr Morgan has raised specific concerns about the effect that this closure will have on older community members and small businesses.

Mr Morgan said:

“This Government is failing the nation’s high streets and with it, the people of Portsmouth. Already we have seen Knight & Lee put down its shutters for the last time and Debenhams disappear from Palmerston Road.

Now the imminent closure of Halifax bank will be to the detriment of our older community members who may prefer face to face transactions and small businesses, who are already under considerable strain.

I am in discussion with Lloyds Banking Group, who are the decision makers when it comes to the Halifax closure. I will be urging them to think very carefully about their proposals which is yet another decision putting our high streets at risk”.

Mr Morgan has long been taking action to support the high streets. He has created a support local campaign backing small business, hosted roundtable meetings with SMEs and is lobbying for business rate reform.

Stephen Morgan MP said:

“Hampshire has already seen 1,600 shop closures in recent years affecting hundreds of local jobs and leaving high streets bare and neglected.

Experts warn that with closures of high street banks comes damaging consequences for independent shops due to decreased footfall.

The issue we are seeing is indicative of a bleak national picture born out of Government’s failure to address challenges faced by the high street. I will continue to make the case for action to bring our shopping areas back from the brink”