Scots Robbed Of Access To ATMs!

The power misguided governments gave to the “Big Five” Banks - those banks rescued by the British public in 2009 - has left us today with community financial services in TATTERS, as Dan Vevers highlights in his excellent Scottish Daily Record article.

Edzell, a community of 800 residents, had a bank branch for 150 years before Lloyds Banking Group closed it in 2016, removing the ATM at the same time.

Now, it is a 12 mile round trip for Edzell residents and visitors to find an ATM.

There are far too many communities in the UK where residents have suffered in exactly the same way.

HOWEVER, all is not lost.

* The Building Societies that remain are EXPANDING their activities again.

* Post Office Ltd WILL remain in Public Ownership, with 11,500 branches having a vital financial services role to play in thousands of communities like Edzell.

* Banking Hubs will grow in number to reach a MINIMUM of 1200, with any community which has lost its last bank branch since 2015 getting one.

* Community Banking will be further restored via innovation.

Why?

BECAUSE THAT IS WHAT THE BRITISH PUBLIC WANT.

Source: dailyrecord.co.uk/news/scottish-news/scots-losing-free-atms-rate-35664644