I remind the House that, in 2008, the people of the United Kingdom bailed out the Royal Bank of Scotland to the tune of £45 billion. We own the Royal Bank of Scotland collectively throughout this country. Just before the turn of last year, the Royal Bank of Scotland announced that it was closing 62 branches up and down Scotland, with many rural communities losing the last bank in town. One of the affected communities is Mallaig, in the constituency of Ross, Skye and Lochaber. The town of Mallaig is an hour’s drive away from the next nearest Royal Bank of Scotland. The bank is turning its back on its customers who reside in that part of the country.
The petition states:
The petition of residents of Ross, Skye and Lochaber,
Declares that proposed closure of the following branches of the publicly-owned Royal Bank of Scotland in the areas of Kyle of Lochalsh, Beauly and Mallaig, will have a detrimental effect on local communities and the local economy.
The petitioners therefore request that the House of Commons urges Her Majesty’s Treasury, the Department for Business, Energy and Industrial Strategy and the Royal Bank of Scotland to take into account the concerns of petitioners and take whatever steps they can to halt the planned closure of these branches.
And the petitioners remain, etc.
[P002128]
Ten years ago, the people of the island of Bute, along with taxpayers from across the United Kingdom, were forced to bail out the Royal Bank of Scotland to the tune of almost £50 billion. Now, without any prior consultation with the people of Bute, RBS plans to close its branch in the town of Rothesay. Just before Christmas, I launched a petition on the island opposing the closure. The petition, which I present to the House today, has gathered hundreds of local people’s signatures. I want to put on the record my sincere thanks to those on Bute who pounded the streets in the depths of a Scottish winter to collect so many signatures, and I can assure them that I will continue to do everything I can to stop the closure of the Royal Bank of Scotland branch in Rothesay.
The petition states:
The petition of residents of the Isle of Bute,
Declares that proposed closure of the Rothesay branch of the publicly-owned Royal Bank of Scotland will have a detrimental effect on local and surrounding communities and the local economy.
The petitioners therefore request that the House of Commons urges Her Majesty’s Treasury, the Department for Business, Energy and Industrial Strategy and the Royal Bank of Scotland to take into account the concerns of petitioners and take whatever steps they can to halt the planned closure of this branch.
And the petitioners remain, etc.
[P002129]