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MP slams 'short-sighted' decision to close Denton bank

The TSB branch on Ashton Road in Denton. Image: Google Maps.

Denton MP Andrew Gwynne has slammed the planned closure of the town's TSB branch. 

It was announced on Tuesday (30 November) that the branch on Ashton Road has been earmarked for closure on 17 May 2022. 

It will be one of 70 branches to shut by the end of June, leaving just 220 across the UK - marking a decline of over 250 in just one year.

The latest closures will affect around 150 members of staff, who will be offered alternative roles. 

The bank has cited a decline in in-person banking, exacerbated by the coronavirus pandemic, as part of the reason behind the closure.

The closure of the TSB branch will leave the Halifax on Manchester Road as the only bank in Denton town centre.

Labour MP Gwynne has called on TSB to 'reconsider this short-sighted decision'.  

He said: "I’m very disappointed that TSB have taken the decision to close this branch. I understand that the number of customers banking in-person has decreased, but I feel very strongly that the presence of a local bank is important for customers and residents right across the community.

"This decision will leave just one bank in Denton Town Centre. We are progressively losing access to in-person banking, and I’m concerned about the effect that this will have on those who don’t have access to online banking, or just prefer to see someone face-to-face.

"Banks are important parts of our local high streets, and I would implore TSB to reconsider this short-sighted decision." 

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