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Needham Market’s branch will close, say Barclays executives

Mark Westley Photography
Barclays Bank High Street Needham market. ANL-140618-230351009

Mark Westley Photography Barclays Bank High Street Needham market. ANL-140618-230351009

Top executives at Barclays have said they will not reconsider the decision to close Needham Market’s only bank, despite being handed a petition against its closure signed by over 2,300 residents.

Cllrs Mike Norris and Wendy Marchant argued the town’s case at the banking giant’s headquarters on August 7.

Barclays’ UK transformation director Carl Hynes offered the town a pop-up shop for one day a week to provide some banking facilities, if a location could be found.

However, he admitted this would not include a cash or cheque facility.

Needham Market also stands to lose its only ATM should the bank close, but the Co-op in King William Street said it would install one in its store and is in discussion with planning officers.

The town’s MP, David Ruffley, is strongly backing the residents’ campaign and said he will write to Barclays’ CEO Anthony Jenkins to urge him to abandon the proposal.

Cllr Norris previously said: “Needham Market is a growing town and the decision seems extremely short-sighted.

“It seems to be a totally commercial decision without regard for the community.”

Mid Suffolk District Council said it had not yet had any offers of a place to house the pop-up shop, but Barclays community team leader for Norfolk and Suffolk Terry Staff has promised to continue searching for a location.

 

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