MPs slam Nationwide for 'galling' branch closures

Nationwide is closing branches up and down the country as it moves to cut costs after buying up troubled Dunfermline, Chester and Derbyshire building societies since the credit crunch in 2008. The closure of seven London branches will mean 670,000 people, the entire population of Southwark and Lewisham and most of Greenwich, will be unable to get to a branch, Nick Raynsford, Labour MP for Greenwich and Woolwich says. "This is more than the entire population of a large city such as Sheffield or Manchester," said Raynsford in a Commons debate on 18 March. "What is particularly gallin...