Portsmouth South MP Stephen Morgan spoke with Lloyds Bank management this week and raised local people’s concerns over the imminent closure of its Southsea branch.
During the meeting Mr Morgan discussed steps the bank is taking to ensure those who cannot access or struggle with online banking are supported to find new ways of managing their money.
The city MP also encouraged the bank to ensure customers are signposted to use the nearby post office which offers in-person banking services.
Earlier this month, Lloyds has confirmed that it will close its branch in Palmerston Road on June 2 as it said fewer people were now using it.
Commenting, Portsmouth South MP Stephen Morgan said:
“During my meeting with Lloyds Bank this week, I shared my disappointment with their decision and encouraged the bank to take steps to ensure vulnerable people and businesses are supported to find appropriate banking alternatives.
“I also raised the importance of signposting customers to use the nearby post office’s in-person banking services in future.
“I will continue to share constituents questions and feedback with Lloyds to ensure Portsmouth people’s voices are heard.”
Following the announcement of the closure earlier this month, Mr Morgan said:
“I am deeply disappointed to hear that Lloyds Bank has announced the closure of its Southsea branch.
“Like many constituents, this is a branch that I use regularly and its closure is even more concerning following the shutting of the Natwest, Halifax and Santander branches in Southsea in recent years.
“Brick and mortar bank branches are vital to those in our community who cannot access online banking or prefer to bank in person.
“The closure will also be a bitter blow to the branch’s staff who have helped so many Portsmouth people with their finances over the years.
“I will be seeking an urgent meeting with Lloyds to raise constituents’ concerns and will continue doing everything in my power to bring our high streets back to life and ensure people can continue to bank in person.”
The Southsea Post Office (Southsea Post Office, 73 Palmerston Road, Southsea, PO5 3PP) provides everyday Personal & Business Banking services including cash withdrawals, cash deposits and cheque deposits.
Read more about these services: https://www.postoffice.co.uk/banking-and-bills
