Barclays closure ‘yet more bad news’ for Llandysul

By Mike Lewis in Business

RESIDENTS of Llandysul have reacted with dismay to the news that they will shortly be losing the town’s last bank.

Barclays have confirmed that their Wind Street branch will be closing on Friday, 17 November.

County councillor Keith Evans said it was “yet more bad news” for a town which has lost a string of facilities in recent years.

“You’ve got to be upfront about it and admit that this news is not unexpected given the fact the bank has only been opening three days a week,” he told the Cambrian News.

“But it’s yet more bad news for Llandysul – the post office is re-locating to CK’s in Pontweli next month although at least that will be remaining within the environs of the town.

“The Barclays closure will finally bring an end to banking in a town which not so very long ago had four very strong banks operating. Decisions such as these hardly encourage people to invest in the area.

“Yes, more and more transactions take place online but banks never think about those who are setting up new businesses and could do with face-to-face contact with their bank manager.

“I sometimes think the best thing we can all do is to up sticks and move to Cardiff because absolutely everything is being centralised nowadays. Here in Ceredigion we seem to be concentrating our investment on Aberystwyth, Cardigan and Lampeter.”

MP Ben Lake vowed to fight the closure.

“Even though technology is moving forward and more people are banking online, we still need our high street banks which are a vital asset for our local businesses,” he said.

See this week’s South Ceredigion edition for the full story, in shops and online now

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