Statement by Council Leader on the closure of Lloyds Bank, Hinckley

This is yet another in a long line of branch closures nationally, largely driven by the move towards digital banking. 
 
“While many people now bank online, this decision is another blow to our high street and to those residents who either do not wish to use online banking or simply cannot — particularly those without access to Wi Fi, a smartphone or the confidence to manage their finances digitally. 
 
“However, we have been advised by LINK (the body that carries out assessments when there is a change to the level of cash access in a community) that a new Banking Hub, which will be delivered by Cash Access UK, a not-for-profit company funded by the major high street banks is coming to Hinckley. The banking hub will open before Lloyds closes meaning there will be no break in service for residents or businesses, which is great news. As soon as we receive all the details, we will share them with everyone.  
 
“We will also work with our partners including the DWP to provide help and advice to Lloyds employees at this worrying time.”