HSBC agreed to keep cash machines on Portobello if site can be found .

At a meeting at Kensington Town Hall on 1st November, HSBC bosses have agreed that whilst they still intend to close the 152 Portobello Road Branch on 16th December, they will work with Labour Councillors, led by Cllr Dez O’Neill of Colville Ward, to find an alternative location for the ATM cash machines on Portobello Road that we said are so important for the local economy.

Cllr Dez O’Neill, Colville Ward, Cllr Emma Dent Coad, Deputy Leader of the Labour Opposition Group, and Labour Group Chair, Cllr Pat Mason, told HSBC bosses that it was wrong not to have consulted with Portobello and Golborne Road shops and market traders before deciding to shut the local bank. Councillors were enraged to learn that HSBC had been planning the closure for a year, but had failed to contact local Councillors.

Mark Barr, Chairman of the Portobello and Golborne Management Committee, who sent a statement to the meeting said:

“My committee represents shops, stallholders and residents, and the closure of this branch will be a devastating blow to the financial well-being of Portobello Road, Golborne Road and the surrounding area”. (The full statement will be forwarded).

Councillor Dez O’Neill said, “The cash machines are very important for visitors to Portobello, for traders and local people, and for the local economy, and I am going to work with HSBC to find a suitable location to keep them on the market”.

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