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Alex comments on NatWest withdrawal from Billingham

Commenting on the decision by NatWest Bank to close its premises in Billingham town centre, Alex Cunningham, Labour MP for Stockton North, said:

“It is deeply disappointing that NatWest has decided to walk out on their loyal customers in Billingham, removing an important service and forcing bank staff into the increasingly lengthening unemployment queue on Teesside.

“It is all the more disappointing that they have chosen to leave Billingham at a time when confidence in the town centre has grown in recent times – investment in the Forum, the Council’s customer service centre and library, improvements to the landscape and, within the last few days, the opening of a new supermarket.

“NatWest have made much in its advertising campaigns over the years of being a bank which served communities, yet this decision has been taken remotely from our community by bank managers elsewhere in the country without any consultation in the area. Yet again we see the banks put profit before people, shareholders before customers.”