Business
The ‘Worst Kept Secret’
Barclays announced yesterday it will close its branch on February 9 2024
Tim Glover has described the closure of Castletown’s final bank as a ‘kick in the teeth’ for the ancient capital.
Barlcays announced yesterday it will close its branch on February 9 2024, leaving the (Jersey based) Isle of Man Bank in Port Erin as the south’s last bank.
Reacting to the news the Arbory, Castletown and Malew MHK said he and colleague Jason Moorhouse, as well as the town’s Commissioners have been in contact with Barclays and it seems that the number of people with accounts at the branch is ‘very low’.
Mr Gloer said: ‘A cash machine is about to be placed at the Civic Centre before the branch closes.
‘Concerns include just one permanent bank left in the south of the island, the number of business closures and the lack of a traders association in the town to provide a joined up voice.
‘Very disappointing if some customers heard this via the media first rather than a communication from the bank, which appears to have happened to a few.’
