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20/07/2016
Bank Of Ireland To Close Eight NI Branches
Concerns have been raised after the Bank of Ireland confirmed it is to close eight of its branches in Northern Ireland with the loss of 54 jobs.
The branches to close are in Antrim, Castlereagh, Draperstown, Belleek, Castlederg, Newtownards, Maghera and Donegall Square South, Belfast.
Alliance MLA Kellie Armstrong said the announcement is "worrying".
She said: "The issue of branch closures has affected many of banks in the past, but rather than assuming everyone will switch to online use we must look at other innovative solutions to providing services for customers.
"Bank of Ireland must listen to their customers as we cannot allow them - particularly those in rural areas - to be left feeling isolated from banking services. While the closures have been put down to an increase in online banking, for many this isn't an available option - and neither is travelling long distances to access branch facilities.
"With staff either being redeployed, transferred or able to apply for voluntary redundancy, either way it means a loss of jobs for many local areas."
(CD)
The branches to close are in Antrim, Castlereagh, Draperstown, Belleek, Castlederg, Newtownards, Maghera and Donegall Square South, Belfast.
Alliance MLA Kellie Armstrong said the announcement is "worrying".
She said: "The issue of branch closures has affected many of banks in the past, but rather than assuming everyone will switch to online use we must look at other innovative solutions to providing services for customers.
"Bank of Ireland must listen to their customers as we cannot allow them - particularly those in rural areas - to be left feeling isolated from banking services. While the closures have been put down to an increase in online banking, for many this isn't an available option - and neither is travelling long distances to access branch facilities.
"With staff either being redeployed, transferred or able to apply for voluntary redundancy, either way it means a loss of jobs for many local areas."
(CD)
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Ulster Bank has announced that improving exports and more consumer spending has led to an improving economy, despite yesterday's downgrading of Ireland's credit rating. Ulster Bank said today it was revising its forecasts for Irish economic growth in 2010 upwards, predicts average annual GDP growth of 1%, up from -0.5% previously.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
