Last week Jon Cruddas MP for Dagenham and Rainham was contacted by a representative of Barclays Bank regarding the proposed closure of the branch in Rainham Village on 15 May.
In the last four years over 3,000 high street banks have closed across the country as the banking sector moves to a more digitised format, this includes over 480 branches of Barclays. Last year Barclays attempted to remove services from local Post Offices, a move that Jon Cruddas MP successfully challenged and overturned.
Jon Cruddas MP said: “with an ageing population we should be looking to preserve our face to face customer services. I understand that moving to digital is financially prudent, but when it’s at the expense of potentially hundreds of people in Rainham I simply can’t support it.”
Barclays have quoted a 21 per cent decline in transactions at the branch over the last 24 months and allege that 84 per cent of their branch customers are using alternative methods of banking such as by telephone or internet banking.
However, the local MP has real concerns that closing the Rainham Village Barclays branch could leave customers without access to cash or face to face banking services, a decision that will undoubtedly hit both elderly and working-class customers hardest.
Jon added: “if Barclays go ahead with this, they will be pulling the rug out from under many constituents. I am urging them to reverse this decision to prevent their customers across Rainham and South Hornchurch from being side-lined.”
Jon Cruddas MP has written to the Head of Corporate Relations highlighting his concerns and the impact that removal of services would have on the local community. Jon is also planning to meet with Barclays representatives in the coming weeks.