Jason was appalled to hear that Lloyds are set to close their branch in Holmfirth in April. Jason raised it in Parliament yesterday and will be meeting a Senior Director next week.
Our High Streets need community banking.
Jason McCartney MP
Can I add my voice to calls for a debate on bank branch closures.
Because Lloyds banking group announced dozens of branch closures yesterday, including one in Holmfirth in my constituency. At a time when the government is investing in rejuvenating our high streets we really need to debate Lloyds banking group, who are making £2.2 billion in statutory profit and can afford a remuneration package of £6.3 million for their boss, surely they should be investing in community banking.
Jacob Rees-Mogg, Lord President of the Council and Leader of the House of Commons
I’m grateful to the honorable gentleman for his important question, as I said, the economic section of the treasury is meeting MP’s to discuss this. It is important that people have access to banking services but it is ultimately a commercial decision for the banks.