Connect with us
Advertisement
Advertisement

Business

Barclays Bank announces closure of Haverfordwest Branch

Published

on

BARCLAYS BANK has this week declared the impending closure of its Haverfordwest branch, situated prominently on the town’s High Street.

The closure, set for May 10 this year, marks another setback for the county town.

A spokesperson from Barclays revealed that the Haverfordwest branch serves only 32 regular customers who rely exclusively on this branch for their banking needs, avoiding digital or other interactions with the bank. This figure is contrasted by a broader trend showing less than 10 percent of transactions happening within branch premises, while over 90 percent are conducted digitally.

Highlighting the changing banking habits, the spokesperson noted, “As visits to branches continue to fall, with the majority of people preferring to bank online, we need to adapt to provide the best service for all our customers.” This statement reflects a nationwide shift towards digital banking, with Barclays reporting nearly four billion app logins annually and a digital customer base of 10.9 million.

Stephen Crabb MP said: “The decision by Barclays Bank to close its branch in Haverfordwest is a bitter blow for the town centre, and for the large number of customers who bank with Barclays locally. This is the last remaining Barclays branch in Pembrokeshire.”

“They have told me they will still have an active presence in the community via new and alternative physical presence”. I have no idea what that is supposed to mean, but it is pretty clear that the main banks are dead set on concentrating their branch operations at a small number of sites around the regions of the UK.

“I have requested an urgent meeting with Barclays Bank to discuss their decision, and what alternative provision they propose.

“The banks cannot be allowed to just walk away from communities who they decide are no longer worth servicing.

“One proposal the Government is keen to support is the idea of a Banking Hub which would enable customers with different banks to access branch services under one single roof. Several are being trialled around the country in locations where nearly all the bank branches have closed.”

News that Barclays Bank intends to close has been met with disappointment and frustration from local Senedd Member Paul Davies.

Mr Davies says he has received correspondence confirming that the closure is set to take place in May, following a decrease in customers using the branch.

Mr Davies said, “It’s really disappointing to hear that yet another bank branch will be closing in Pembrokeshire. Whilst I understand that the way in which many of us bank is very different these days, there are still customers that rely on a physical bank presence, and I will be seeking reassurances that customers will be able to access basic banking facilities in Haverfordwest.”

He also added, “Bank branches are also part of the social fabric of our local communities and this announcement is another blow to the town of Haverfordwest. Efforts must be made in the wake of this announcement to aid the regeneration of the town before it’s too late.”

County Councillor for the Castle Ward in Haverfordwest Tom Tudor said: “I think that the decision by Barclays Bank to close its branch in Haverfordwest is very sad news for our County Town, including sad news for all the loyal customers who bank with Barclays Bank.

“With this being the last remaining Barclays branch in Pembrokeshire, I am seeking an urgent meeting with Barclays Bank management for an alternative way ahead for this draconian management decision.”

In response to the closure, Barclays plans to introduce a ‘Barclays Local’ in Haverfordwest, a cashless banking site offering face-to-face support similar to traditional branches, without the need for extensive travel. The exact location is yet to be announced, following ongoing discussions with the local community.

Barclays Local, already operational in over 300 locations, offers diverse in-person services such as digital banking assistance, financial reviews, and transactions like balance checks and bill payments. These facilities are part of Barclays’ broader strategy to offer varied banking methods, including digital platforms, telephone, online, and video banking.

Customers will also have the option to conduct everyday transactions at any Post Office, with the nearest located at 14A Bridge Street. Additionally, the closest free-to-use ATM is situated at HSBC, 41 High Street.

This announcement coincides with similar concerns raised by Cardigan councillors regarding the closure of their local Barclays branch. The nearest alternatives for customers will now be in Carmarthen and Cardiff.

The bank assures that the closure process will adhere to regulatory obligations. Regular customers will be informed through letters, in-branch documentation, and staff assistance. Barclays also commits to proactive engagement with local businesses and the community to discuss alternative banking methods, along with offering virtual digital support sessions.

This move by Barclays is indicative of the broader banking industry’s pivot towards digital services, reflecting changing customer preferences and the evolving financial landscape.

 

Business

Could Primark be coming to Haverfordwest? Major retailer in talks for former Wilko site

Published

on

Council confirms advanced discussions as speculation grows over high street boost

HAVERFORDWEST could soon see a major high street revival, with a national retailer in advanced talks to take over the former Wilko building in the town centre.

Cllr Paul Miller

Pembrokeshire County Council has confirmed that negotiations are ongoing, with a deal potentially just weeks — or even days — away.

Speaking to The Herald, Deputy Leader Cllr Paul Miller said the authority is in “detailed discussions with a major national retailer” over the prominent vacant unit.

However, he declined to name the business involved, citing commercial confidentiality.

Speculation grows

Despite the secrecy, speculation has been mounting locally that clothing giant Primark could be the retailer preparing to move into the site.

The size of the former Wilko store — one of the largest retail units in the town — has led many to believe only a handful of national chains would be able to occupy the space.

When asked directly whether Primark was involved, Cllr Miller did not confirm the claim, but also did not deny it.

Primark is one of the only non-supermarket retailers in the UK who would be able to make use of the huge floorspace at the Wilko building

Work already underway

The council has taken steps to prepare the building for a new tenant following Wilko’s collapse into administration.

This includes carrying out essential structural repairs, particularly to the roof, funded through a combination of council investment and an interest-free Welsh Government town centre loan.

Cllr Miller said the aim is to deliver a “blank canvas” for a new retailer, who would then invest further in fitting out the store.

He added that any incoming tenant would likely spend “millions” preparing the unit before opening.

Boost for town centre

The arrival of a major national retailer would represent a significant boost for Haverfordwest, which has faced challenges in recent years with declining footfall and the loss of several well-known stores.

The Wilko closure left a large gap in the town centre, both physically and economically, and securing a new anchor tenant is seen as key to revitalising the high street.

If confirmed, the move could increase visitor numbers, support surrounding businesses, and help restore confidence in the town’s retail future.

The old Wilko store is located in a central location in Haverfordwest

Deal ‘close’

Cllr Miller indicated that negotiations are at an advanced stage.

He said: “I’d like to think we’re talking weeks, not months — maybe even days, but these things can change.”

While no formal agreement has yet been announced, the timeline suggests a decision could be imminent.

What happens next

Until a deal is formally signed, the identity of the retailer remains unconfirmed.

However, with negotiations progressing and work underway on the building, expectations are growing that a major announcement could soon follow.

For now, all eyes remain on Haverfordwest — and on whether one of the UK’s biggest retail names is about to arrive.

We have contacted Primark for a comment.

Previous vision: A cancelled 2017 concept of a new cinema at the Wilko site

 

Continue Reading

Business

Rail investment ‘could unlock 40,000 jobs and £11bn for Wales’ says new report

Published

on

RAILWAY stations across Wales could help unlock around 40,000 jobs and more than £11 billion for the economy by 2036, according to new research.

A report by Development Economics, published on Monday (Mar 23), highlights how rail infrastructure is acting as a major driver of growth, supporting housing, business development, and employment across the country.

The findings suggest that development within 800 metres of railway stations alone could generate more than 40,000 jobs and contribute £11.3 billion to the Welsh economy over the next decade.

Stations driving growth

The report identifies what it calls the “rail catalyst effect”, where stations attract investment and act as hubs for regeneration.

Recent examples across Wales and the South West show the impact of rail-linked development. Over the past five years, areas around nine stations, including Carmarthen, have delivered 3,500 new homes, 67,000 square metres of commercial space, and supported 4,500 jobs.

Proposed new stations, including Cardiff Parkway and Newport West, are expected to create around 900 permanent jobs and generate £64 million annually over the next ten years.

Economic case for investment

The report comes as Wales continues to face economic challenges, with inactivity rates standing at 25.6%, higher than the UK average of 21.6%.

Researchers say continued investment in rail infrastructure will be key to boosting regional economies and improving access to jobs and opportunities.

Mark Hopwood, Managing Director of Great Western Railway, said: “The findings of this report are clear. The railway, its stations, and the trains that serve them are powerful drivers of economic growth, community prosperity and regeneration.

“Across our network, development around the railway is delivering thousands of homes, new commercial space and thousands of jobs, generating hundreds of millions of pounds in economic value for the communities we serve.”

National impact

Across the wider Great Western Railway network, stations are projected to support 238,000 jobs and generate £14.25 billion in annual economic value by 2036.

Nationally, the report suggests railway stations could support more than one million permanent jobs and contribute £78.7 billion to local and regional economies.

Wider benefits

The report also highlights the social impact of rail, particularly for households without access to a car, estimated at around one in five in Wales.

With more than 1.6 billion passenger journeys made each year across the UK rail network, the study says improved connectivity is helping people access work, education, and services more easily.

 

Continue Reading

Business

205-unit storage site at Pembrokeshire farm submitted to planners

Published

on

A CALL to allow a Pembrokeshire farm to keep a storage facility for more than 200 caravans, boats, cars and farm machines as a form of diversification has been submitted to county planners.

In an application to Pembrokeshire County Council, Mr & Mrs Davies, through agent A.D Architectural Design Consultants Ltd, seek retrospective permission for a farm diversification scheme to accommodate the storage of caravans, boats, cars and farm machinery in four of eight agricultural sheds and on hard-standing concrete courtyards at Froghall Farm, Spittal.

The works were completed back in 2019.

A supporting statement accompanying the application said: “At present, four of the eight shed structures on the site form part of the caravan and boat storage scheme, with additional touring caravans stored externally on the concrete courtyards.”

It said the storage provision was split as follows: Shed 1 – farm workshop, and 30 caravans, motorhomes, boats & cars; shed 2 – 16 caravans; shed 3 – 28 caravans, motorhomes, boats & cars – 28; shed 8 – cubicle shed, 11 units of farm machines, motorhomes & caravans; courtyard storage of 120 touring caravans, for an overall storage of 205 units.

The statement added: “It would take place in an accessible location, would incorporate sustainable transport and accessibility principles and would not result in a detrimental impact on highway safety or in traffic exceeding the capacity of the highway network; access road is a no-through road with no increase in traffic due to the nature of development.

“There won’t be a constant stream/flow of traffic as the site’s used for storage. Our client offers a towing service to sites in and around Pembrokeshire, which is used by 45 per cent of their customers, who are unable or prefer not to tow themselves. This gives our client control over the flow of traffic.”

The application will be considered by county planners at a later date.

 

Continue Reading

Business11 hours ago

Could Primark be coming to Haverfordwest? Major retailer in talks for former Wilko site

Council confirms advanced discussions as speculation grows over high street boost HAVERFORDWEST could soon see a major high street revival,...

Business12 hours ago

Rail investment ‘could unlock 40,000 jobs and £11bn for Wales’ says new report

RAILWAY stations across Wales could help unlock around 40,000 jobs and more than £11 billion for the economy by 2036,...

Local Government12 hours ago

Milford Haven set for £200m investment with schools, leisure centre and rail upgrade

Council outlines major plans for town with backing from Welsh Government MILFORD HAVEN is set for a major transformation with...

Community1 day ago

Broad Haven volunteers secure ‘national asset’ status for nature reserve

A SMALL stretch of woodland and former opencast coal mine has been transformed into a nationally recognised biodiversity site, in...

Entertainment2 days ago

Tenby steams up in spectacular style as crowds flock to festival

Colourful parade, towering creations and Victorian flair bring town centre to life TENBY was transformed into a vibrant Victorian fantasy...

Crime3 days ago

Publican jailed for six years for supplying cocaine and cannabis

Milford Haven man sentenced at Swansea Crown Court following drug dealing operation A MILFORD HAVEN publican has been jailed for...

Local Government4 days ago

Poverty summit highlights support efforts across Pembrokeshire

A SUMMIT bringing together key organisations from across Pembrokeshire has highlighted both the scale of local poverty and the work...

Education4 days ago

Milford Haven school plans unveiled but funding not yet secured

PLANS for a new £100 million school in Milford Haven have been unveiled, but the project has not yet secured...

News4 days ago

Council unveils plans for new state-of-the-art secondary school in Milford Haven

PEMBROKESHIRE COUNTY COUNCIL has revealed plans for a new state-of-the-art school in Milford Haven, promising modern, inspiring learning spaces for...

Health5 days ago

NHS waiting list falls — but cancer delays and diagnostic backlog worsen

Record progress claimed by Welsh Government as critics warn key targets are still being missed THE NHS in Wales has...

Popular This Week