Business
Barclays Bank announces closure of Haverfordwest Branch
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
Main Street Music to close retail shop as owner focuses on handmade guitars
A POPULAR Pembrokeshire music shop is changing the way it operates, with Main Street Music confirming it will no longer trade as a retail shop from September 1.
The business said there will be an immediate 15% sale on all stock, but stressed that Main Street Music is not disappearing completely.
The owner said the decision had been made “with a heavy heart”, adding that the shop’s closure as a retail outlet would be a loss for Pembrokeshire as the county’s last professional guitar dealership.
He said his long-term passion had always been making musical instruments, something he had done since his teenage years, later receiving scholarships and a fellowship for his studies.
After college, he was given the opportunity to buy the business at the age of 24.
He said: “I have had an amazing time running this shop, giving it everything I’ve got, met some wonderful people and sold some incredible guitars.”
Although the business itself remains successful, he said tighter retail margins, dealership pressures and rising costs had made it difficult to grow in a way that would allow him to employ others and spend more time in the workshop.
The shop will eventually reopen as an appointment-only workshop and showroom for handmade guitars and repairs.
Current repair work will continue on a case-by-case basis by appointment only.
Main Street Music thanked customers for their support over recent years, saying the owner was proud of where the shop had been taken.
Caption:
Main Street Music will close as a retail shop from September 1, but will continue as an appointment-only workshop and showroom for handmade guitars and repairs.
Business
Fishguard and Goodwick Bowls Club set to appeal council’s refusal of signage
A Pembrokeshire sports club, which was recently refused permission by the council to keep advertising signs which support its activities, is looking to fight that decision.
Earlier this month, in an application refused by Pembrokeshire County Council on the grounds of visual impact, Fishguard & Goodwick Bowls Club sought retrospective permission for up to 36 signs on land close to the town’s Phoenix Centre.
The signs, which the applicants said provide “an important source of revenue for the Fishguard and Goodwick Bowls Club, supporting the ongoing operation and maintenance of local community sporting facilities,” had been in place for some 18 months, being removed ahead of the formal planning application.
Speaking after the refusal, Richard Brind, club captain of Fishguard & Goodwick Bowls Club, said the club had discussed challenging the decision, and had been taking advice from local county councillors about the best potential route, with options including a direct appeal through the Welsh Government’s PEDW (Planning and Environment Decisions Wales).
“We acted in good faith as we believed we had permission from a PCC department to install the signs.
“The irony in all of this is we actually paid PCC to have the signs made by their sign making department (who were the department that told us it would be OK to install the signs on our fence).
“The landlord of the grounds which is PCC have told us that they had no objection to us installing the signs, providing planning is granted.”
Mr Brind added: “I’m disappointed with the way the planning department have handled the process, not the decision, but I do think that was wrong; other sports clubs have signs up in the area, it doesn’t seem right.”
On the financial implication, he said: “Unfortunately, the costs of everything goes up, the costs to maintain the green are not covered by our membership, this year we’re probably going to spend £5,000. The money from the signs was certainly helping to keep the club viable, if we don’t get that money from somewhere, maybe through increased fees; membership would have to go up by a half, from £80 to £120.
“The funding we receive from the ads, it’s not vital but it’s a definite help, losing it would be ‘death from 1,000 cuts,’ money slowly trickling out.”
He finished: “I could understand it if it was an area of outstanding natural beauty rather than a car park, where we are we’ve got Jewsons and a petrol station.”
A spokesman for Pembrokeshire County Council said: “The Local Planning Authority has considered the application in accordance with the Town and Country Planning (Control of Advertisements) Regulations 1992 (as amended), which require due consideration of the impact signage would have on visual amenity and public safety.
“While comments regarding advice the applicant received from other council departments and landowner consent are noted, each application must be determined on its own merits with regard to relevant policy and legislation.
“The Authority recognises the club’s valuable role in the community; however, financial considerations are not material to the assessment of advertisement consent.
“Whilst there is a right of appeal to Planning and Environment Decisions Wales (PEDW), the Local Planning Authority remains willing to engage with the applicant regarding any revised proposals they may wish to present.”
Business
Government backs high street with crackdown on cheap imports
MINISTERS have announced plans to speed up reforms aimed at helping high street businesses compete with online retailers and overseas sellers.
The Treasury said changes to low-value imports will now be brought forward by six months, with customs duty relief on goods worth £135 or less set to be scrapped from October 2028.
The move is designed to stop online retailers gaining an unfair advantage over shops, pubs, restaurants, hotels and other high street businesses.
At present, many cheaper imported goods can enter the UK without customs duty, a system which ministers say has left traditional retailers at a disadvantage.
The Government is also reviewing how VAT is collected from businesses trading through online marketplaces, amid concerns that some sellers are failing to pay the tax they owe.
The Treasury said revenue raised from tougher VAT enforcement would be used to help improve the business rates system for high street firms.
Dan Tomlinson, Exchequer Secretary to the Treasury, said: “This action tackles the unfair competition and dodgy businesses that are doing real damage to our high streets.
“And by making sure that tax is paid when it’s owed, we can raise revenue to put back into improvements to the business rates system for pubs, restaurants, hotels and other high street businesses.”
The package also includes a consultation on VAT reform for land used in new social housing developments.
Ministers say the change could help speed up the delivery of affordable homes by making the tax system better reflect how social housing schemes are developed.
The Treasury said the measures form part of wider plans to make the UK tax and customs system simpler, fairer and more focused on economic growth.
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