Threat to jobs as Natwest confirms Woolston branch to be axed

Threat to jobs as Natwest confirms Woolston branch to be axed

Threat to jobs as Natwest confirms Woolston branch to be axed

First published in News
Last updated
Daily Echo: Photograph of the Author by , Senior reporter

JOBS are at risk after banking giant Natwest decided to close one of its Hampshire branches.

The bank has confirmed it will close its branch in Woolston, Southampton, on May 14 this year but was unable to confirm how many people will lose their jobs.

Natwest says the decision was made due to the rise in people using alternative ways to bank.

But staff say they feel “let down” by the planned closure and morale across the network is “at an all-time low”.

The firm told the Daily Echo the nearest Natwest branch is just under two miles away, in Bitterne, and an arrangement will be in place with the Post Office in Woolston for customers to pay bills, withdraw cash and pay balances.

A cash machine will still be in place at the branch for customers to access their accounts, Natwest confirmed.

And despite the potential job losses, the company said it will work to redeploy people at different branches across the network.

The relative of one member of staff at the Woolston branch, who did not want to be named, told the Daily Echo: “Staff feel let down that yet again the frontline is being victimised for the mistakes of the past while the senior executives just keep on taking. Branch morale across the network is at an all-time low.”

A spokesman for Natwest said: “More and more of our customers are using alternative ways to bank with us, such as online and telephone banking, or using their mobile phone.

“As a result, we’ve seen the number of people using the branch fall significantly over the last few years and we’ve made the difficult decision to close the Woolston branch on May 14, 2014.

“We’ve advised staff and we’re writing to our customers to make them aware of the different ways they can bank with us.

“If customers are concerned about how this will impact their banking, they can go into the branch where staff will be happy to discuss the alternative options available.”

Comments (14)

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10:26am Wed 19 Feb 14

loosehead says...

I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch?
Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?
I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch? Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it? loosehead
  • Score: 20

11:07am Wed 19 Feb 14

gilbertratchet says...

loosehead wrote:
I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch?
Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?
It's because not many people make use of branch services any more, and many - not all - of those that do, don't need to.
[quote][p][bold]loosehead[/bold] wrote: I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch? Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?[/p][/quote]It's because not many people make use of branch services any more, and many - not all - of those that do, don't need to. gilbertratchet
  • Score: -5

11:07am Wed 19 Feb 14

gilbertratchet says...

gilbertratchet wrote:
loosehead wrote:
I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch?
Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?
It's because not many people make use of branch services any more, and many - not all - of those that do, don't need to.
That, and the fact that The Taxpayer "owns" RBS, and moans about any expenditure.
[quote][p][bold]gilbertratchet[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch? Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?[/p][/quote]It's because not many people make use of branch services any more, and many - not all - of those that do, don't need to.[/p][/quote]That, and the fact that The Taxpayer "owns" RBS, and moans about any expenditure. gilbertratchet
  • Score: -10

2:51pm Wed 19 Feb 14

loosehead says...

gilbertratchet wrote:
gilbertratchet wrote:
loosehead wrote:
I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch?
Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?
It's because not many people make use of branch services any more, and many - not all - of those that do, don't need to.
That, and the fact that The Taxpayer "owns" RBS, and moans about any expenditure.
I've seen my building society in Shirley always busy many people will rather use local than trust a hole in the wall.
As most welfare & pensions get paid into bank accounts I'd have thought this branch would have been busy?
I just thought it was crazy with all the new homes going up to shut a local branch that could have been the new residents bank of choice
[quote][p][bold]gilbertratchet[/bold] wrote: [quote][p][bold]gilbertratchet[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: I don't live in Woolston but I don't get this? A small town is being or is built on the old Vospers site another building site for homes is being built yet they're shutting this branch? Is it because no one wants to bank with Natwest? surely the better idea is to leaflet the new builds & try to build up the client base not just shut it?[/p][/quote]It's because not many people make use of branch services any more, and many - not all - of those that do, don't need to.[/p][/quote]That, and the fact that The Taxpayer "owns" RBS, and moans about any expenditure.[/p][/quote]I've seen my building society in Shirley always busy many people will rather use local than trust a hole in the wall. As most welfare & pensions get paid into bank accounts I'd have thought this branch would have been busy? I just thought it was crazy with all the new homes going up to shut a local branch that could have been the new residents bank of choice loosehead
  • Score: 0

3:57pm Wed 19 Feb 14

mickey01 says...

another building for the poles to take over there are 4 shops already in woolston selling the same gear why?????
another building for the poles to take over there are 4 shops already in woolston selling the same gear why????? mickey01
  • Score: -2

4:41pm Wed 19 Feb 14

RustyTowers says...

mickey01 wrote:
another building for the poles to take over there are 4 shops already in woolston selling the same gear why?????
Ignoring the fact that you are making a huge assumption on the leasing of the building - perhaps because, unlike you, they are entrepreneurial ....

People don't set out to open a business to lose money. If someone does their market research, decides there is demand, then good for them.

Perhaps you should direct your energies away from such negative comments and make a go of the property yourself....
[quote][p][bold]mickey01[/bold] wrote: another building for the poles to take over there are 4 shops already in woolston selling the same gear why?????[/p][/quote]Ignoring the fact that you are making a huge assumption on the leasing of the building - perhaps because, unlike you, they are entrepreneurial .... People don't set out to open a business to lose money. If someone does their market research, decides there is demand, then good for them. Perhaps you should direct your energies away from such negative comments and make a go of the property yourself.... RustyTowers
  • Score: 3

6:21pm Wed 19 Feb 14

befriendly says...

It's called progress. When I started work I was paid cash, then I was paid by cheque to save my boss the time and petrol it took him to go and draw the cash out. I had to use my dinner break and petrol to do the bank run. Now I'm paid by some bank transfer system where the money magically appears in my account, so I need no longer use a bank branch. In my shed I have a bank of drawers they once used to hold all the ledgers when they had to write every transaction by hand. Progress my friends, progress.
It's called progress. When I started work I was paid cash, then I was paid by cheque to save my boss the time and petrol it took him to go and draw the cash out. I had to use my dinner break and petrol to do the bank run. Now I'm paid by some bank transfer system where the money magically appears in my account, so I need no longer use a bank branch. In my shed I have a bank of drawers they once used to hold all the ledgers when they had to write every transaction by hand. Progress my friends, progress. befriendly
  • Score: 2

6:33pm Wed 19 Feb 14

Mary80 says...

mickey01 wrote:
another building for the poles to take over there are 4 shops already in woolston selling the same gear why?????
who let Katie Hopkins join the comment section
[quote][p][bold]mickey01[/bold] wrote: another building for the poles to take over there are 4 shops already in woolston selling the same gear why?????[/p][/quote]who let Katie Hopkins join the comment section Mary80
  • Score: 12

8:43pm Wed 19 Feb 14

tootle says...

Often use that branch on my travels - easy, free close parking.
Often use that branch on my travels - easy, free close parking. tootle
  • Score: 1

8:44pm Wed 19 Feb 14

geoff51 says...

When Martins Bank, Westminster Bank and National Provincial Bank amalgamated to become Natwest many years ago there were 3 branches in Shirley plus one in Millbrook road. Cashpoints had not been invented, when they were they retained a punched card which dispensed £10 and the bank posted it back to you. Its called progress, the actual number of times you use the bank where your account is held is minimal and most transactions are now electronic. Branches in district centres are no longer viable for a few users that have not moved with the times and the Post office can cope with them.
Only the major shopping areas like Shirley and city centre and Totton and Eastleigh can support major Banks and Building Societies
When Martins Bank, Westminster Bank and National Provincial Bank amalgamated to become Natwest many years ago there were 3 branches in Shirley plus one in Millbrook road. Cashpoints had not been invented, when they were they retained a punched card which dispensed £10 and the bank posted it back to you. Its called progress, the actual number of times you use the bank where your account is held is minimal and most transactions are now electronic. Branches in district centres are no longer viable for a few users that have not moved with the times and the Post office can cope with them. Only the major shopping areas like Shirley and city centre and Totton and Eastleigh can support major Banks and Building Societies geoff51
  • Score: 20

9:02pm Wed 19 Feb 14

IronLady2010 says...

It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores.
People having food delivered to their doors etc.

Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc.

The High Street as we know it is doomed.
It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores. People having food delivered to their doors etc. Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc. The High Street as we know it is doomed. IronLady2010
  • Score: -50

9:17pm Wed 19 Feb 14

loosehead says...

IronLady2010 wrote:
It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores.
People having food delivered to their doors etc.

Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc.

The High Street as we know it is doomed.
but so many banks have seen their internet security breach & peoples accounts accessed I for one will not use online banking & went mad when Nationwide set me up with an online account & made them shut it down.
I wonder how many of those people giving me the thumbs down have watched the programs of Romanians coming here & fixing the hole in the wall machines to get your details or just your money to the point they now have one of the masterminds working to foil them?
my wife insists we go into the bank to get our money & not use the outside machines as in Thailand the crooks there are miles ahead of those working here & you take a gamble using outside machines so save the local branches & do what Rowenna suggests use them
[quote][p][bold]IronLady2010[/bold] wrote: It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores. People having food delivered to their doors etc. Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc. The High Street as we know it is doomed.[/p][/quote]but so many banks have seen their internet security breach & peoples accounts accessed I for one will not use online banking & went mad when Nationwide set me up with an online account & made them shut it down. I wonder how many of those people giving me the thumbs down have watched the programs of Romanians coming here & fixing the hole in the wall machines to get your details or just your money to the point they now have one of the masterminds working to foil them? my wife insists we go into the bank to get our money & not use the outside machines as in Thailand the crooks there are miles ahead of those working here & you take a gamble using outside machines so save the local branches & do what Rowenna suggests use them loosehead
  • Score: 3

10:05pm Wed 19 Feb 14

Beatnik says...

loosehead wrote:
IronLady2010 wrote:
It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores.
People having food delivered to their doors etc.

Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc.

The High Street as we know it is doomed.
but so many banks have seen their internet security breach & peoples accounts accessed I for one will not use online banking & went mad when Nationwide set me up with an online account & made them shut it down.
I wonder how many of those people giving me the thumbs down have watched the programs of Romanians coming here & fixing the hole in the wall machines to get your details or just your money to the point they now have one of the masterminds working to foil them?
my wife insists we go into the bank to get our money & not use the outside machines as in Thailand the crooks there are miles ahead of those working here & you take a gamble using outside machines so save the local branches & do what Rowenna suggests use them
Yeah the Romanians! There fault! Online not safe! Banks can't be robbed?
[quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]IronLady2010[/bold] wrote: It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores. People having food delivered to their doors etc. Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc. The High Street as we know it is doomed.[/p][/quote]but so many banks have seen their internet security breach & peoples accounts accessed I for one will not use online banking & went mad when Nationwide set me up with an online account & made them shut it down. I wonder how many of those people giving me the thumbs down have watched the programs of Romanians coming here & fixing the hole in the wall machines to get your details or just your money to the point they now have one of the masterminds working to foil them? my wife insists we go into the bank to get our money & not use the outside machines as in Thailand the crooks there are miles ahead of those working here & you take a gamble using outside machines so save the local branches & do what Rowenna suggests use them[/p][/quote]Yeah the Romanians! There fault! Online not safe! Banks can't be robbed? Beatnik
  • Score: 0

8:00am Thu 20 Feb 14

loosehead says...

Beatnik wrote:
loosehead wrote:
IronLady2010 wrote:
It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores.
People having food delivered to their doors etc.

Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc.

The High Street as we know it is doomed.
but so many banks have seen their internet security breach & peoples accounts accessed I for one will not use online banking & went mad when Nationwide set me up with an online account & made them shut it down.
I wonder how many of those people giving me the thumbs down have watched the programs of Romanians coming here & fixing the hole in the wall machines to get your details or just your money to the point they now have one of the masterminds working to foil them?
my wife insists we go into the bank to get our money & not use the outside machines as in Thailand the crooks there are miles ahead of those working here & you take a gamble using outside machines so save the local branches & do what Rowenna suggests use them
Yeah the Romanians! There fault! Online not safe! Banks can't be robbed?
look I wasn't saying it's only the Romanians I was saying what the TV exposé was saying or do you think it doesn't happen?
Wasn't Tesco's accounts hacked last week?
[quote][p][bold]Beatnik[/bold] wrote: [quote][p][bold]loosehead[/bold] wrote: [quote][p][bold]IronLady2010[/bold] wrote: It's going to be an interesting few years ahead, with so many businesses going online or having out of town superstores. People having food delivered to their doors etc. Banks encourage customers to bank online and with modern technology there are few reasons to visit a branch, you can pay in via a cash point, print a statement etc. The High Street as we know it is doomed.[/p][/quote]but so many banks have seen their internet security breach & peoples accounts accessed I for one will not use online banking & went mad when Nationwide set me up with an online account & made them shut it down. I wonder how many of those people giving me the thumbs down have watched the programs of Romanians coming here & fixing the hole in the wall machines to get your details or just your money to the point they now have one of the masterminds working to foil them? my wife insists we go into the bank to get our money & not use the outside machines as in Thailand the crooks there are miles ahead of those working here & you take a gamble using outside machines so save the local branches & do what Rowenna suggests use them[/p][/quote]Yeah the Romanians! There fault! Online not safe! Banks can't be robbed?[/p][/quote]look I wasn't saying it's only the Romanians I was saying what the TV exposé was saying or do you think it doesn't happen? Wasn't Tesco's accounts hacked last week? loosehead
  • Score: 2

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