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More on NatWest Closure

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Although the NatWest bank is being fairly obdurate about the closure of 44 of its branches, there is a lot of resistance developing. Other communities like ours who are similarly affected are taking action to make their feelings felt.

Last week, we were contacted by Chris Pomfret from Woodstock in Oxfordshire. Woodstock is a thriving town and is opposing the closure of its 'last bank in town'. Interestingly its MP is David Cameron. It would seem that even a bank which is now state-owned, having been dug out of a crisis of its own making, is still sufficiently confident to go ahead with closure of its branches in the constituencies of both the current Prime Minister and Chancellor of the Exchequer.

Chris has produced a blog on the subject of the closures and it can be read here.

In his email, he throws up the interesting possibility of co-operation between different communities around the country. In his latest note, Chris states "You are of course right that this (opposing the closure) is going to be tough, however, working together and building some influential momentum across the UK can only help. We have had not one reasonable, or unreasonable for that matter, argument from them as to why they are deserting this community. I truly do not believe it is about profitability."

Of course, none of us may be successful in preventing the closure of the local branch of our banks. We may not even be successful in gaining any recompense. However, the current situation may be something which brings similar-minded communities together to share their experience. Chris Pomfret is the founder of Community Buying Unlimited and we could probably learn some useful lessons from his experience.

There could still be a silver lining.

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