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Royal Bank of Scotland closure in Mallaig

Volume 638: debated on Wednesday 28 March 2018

I remind the House that, in 2008, the people of the United Kingdom bailed out the Royal Bank of Scotland to the tune of £45 billion. We own the Royal Bank of Scotland collectively throughout this country. Just before the turn of last year, the Royal Bank of Scotland announced that it was closing 62 branches up and down Scotland, with many rural communities losing the last bank in town. One of the affected communities is Mallaig, in the constituency of Ross, Skye and Lochaber. The town of Mallaig is an hour’s drive away from the next nearest Royal Bank of Scotland. The bank is turning its back on its customers who reside in that part of the country.

The petition states:

The petition of residents of Ross, Skye and Lochaber,

Declares that proposed closure of the following branches of the publicly-owned Royal Bank of Scotland in the areas of Kyle of Lochalsh, Beauly and Mallaig, will have a detrimental effect on local 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 into account the concerns of petitioners and take whatever steps they can to halt the planned closure of these branches.

And the petitioners remain, etc.