This week the Barclay's branch in West Norwood will close its doors for the final time - leaving residents in West Norwood with no bank branch in the town centre. I have been working with the local Labour councillors to oppose this closure and I'm grateful to everyone who has responded to our survey and signed the petition.
We have met with Barclays, provided evidence of the heavy reliance of local businesses, elderly and vulnerable customers on a physical branch, and urged them to think again. It is very disappointing that they have not done so.
This latest closure is the fourth bank branch closure in my constituency in as many years, and this is happening across the country. It highlights the urgent need for banking reform. Labour will make banking more ethical, requiring the banks to retain at least one branch in every town centre so no community is stranded and making it harder to invest in harmful industries like fossil fuels. Watch my short film here>>