Newhaven MP seeks HSBC to revisit bank closure decision

Newhaven MP Norman Baker is seeking that HSBC revisit their decision to close the last bank in Newhaven, following recent announcements of investment into the town and continues to encourage the banking firm to consider leaving a cashpoint in place in the town.

Significant investments into the local economy have been announced throughout July to include planning permission for Newhaven University Technical College providing educational opportunities for 600 students, approval for Rampion Offshore Windfarm positioning Newhaven as the South East Centre of offshore renewable technology and £19 million investment into regeneration for the town to include new port road access.

Norman says “HSBC cannot ignore the substantial investment that is being made into Newhaven, bringing local jobs, development and boosting the local economy. This is a real regeneration boost for the town.

“This is not the right time to be considering closing the Newhaven branch of HSBC, just as the town is getting a boost of funding and will see more people coming into the town. People will want to access banking services locally and not be travelling between towns to get a counter service.”

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