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Volume 638: debated on Thursday 22 March 2018

Royal Bank of Scotland Closure

Ten years ago, the people of Campbeltown and the Kintyre peninsula, along with taxpayers throughout the United Kingdom, were forced to bail out Royal Bank of Scotland to the tune of £50 billion. Now, without any prior consultation with the local community, Royal Bank of Scotland plans to close its branch in Campbeltown. Just before Christmas, I launched a petition in the town opposing that planned closure. That petition has gathered hundreds of local signatures.

The petition states:

The petition of residents of Campbeltown & Kintyre,

Declares that proposed closure of the Campbeltown branch of the publicly-owned Royal Bank of Scotland will have a detrimental effect on local and surrounding communities and the local economy.

The petitioners therefore request that the House of Commons urges Her Majesty’s Treasury, the Department for Business, Energy and Industrial Strategy and the Royal Bank of Scotland to take in account the concerns of petitioners and take whatever steps they can to halt the planned closure of this branch.

And the petitioners remain, etc.