Just got a letter in the post telling me that our local Santander branch is closing at the end of June.
For anyone who banks in person or runs a business, this coupled with the impending closure Post Office is going to be a real blow
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Thanks Gordon
Mine is a slightly different letter and does not have the 'offending' paragraph.
Much appreciated and yes a real irony,
Perhaps the ATM can be altered to dispense a piping hot doner kebab.
"I think Banks and by implication the Post Office are facing rising costs and a lot of their business is now conducted online. They are closing scaling back their high street operations. "
So you think their costs are going up and that's the only reason they're scaling back? They were privatised and since then it's been nothing but scale back. If I miss a package I have to go to Kentish Town to get it now.
The banks are in a bind because of their business model. They create money by magicing it into your account with a few key presses and then charge you interest on it (you see it as a loan). The interest is very, very low now so yes, pressure.
Royal Mail (deliveries) - privatised.
Post Office Counters - not. Yet. But running a similar business model.
Once it moves there will be no advantage to me continuing to have a Santander current account and I will be moving my account to a bank that offers greater rewards. \\\have been thinking of doing so for a while, but now I have no reason not to.
The bum that lives in the doorway will be ecstatic. Now he won't have to make and clear out his bed before 9 am.
Such sympathy. It's almost like you don't ever think "there but for the grace of god go I".
Maybe you should.
I pay off my credit card with a cheque. If people can get nostalgic about gasholders, I have the right to use paper
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