EH18 postcode has no cash machines or Post Offices

Thursday November 14th 2019

Lasswade ATM

Written by Midlothian View Reporter, Luke Jackson

Two well-populated Scottish postcodes, Lasswade and Aberdeen, have neither a local post office or any cash machines, according to a new analysis from Which?

Which? identified the postcode areas with the highest populations without a cashpoint or Post Office across the UK. These are: AB13 in Aberdeen (2,725), EH18 in Lasswade (2,233), TN7 in Tunbridge Wells (2,151) – and SN26 in Swindon, with a population of 1,827.

Commenting on the research Andrew McRae, the Federation of Small Businesses’ (FSB) Scotland policy chair, said:

“FSB research shows that bank branches are closing faster in Scotland than elsewhere in the UK. Now this new analysis shows that parts of Scotland have the most populated postcode areas without either a cash machine or post office.

“This means that in many parts of Scotland it is becoming harder to run a business. We know that when a local ATM goes, the surrounding firms report a drop in footfall. And every second a business spends travelling to deposit cash or get change is time that can’t be spent elsewhere.

“We’re losing our local financial infrastructure fast and this is having a big impact on the success of our local places. The challenge for the next government is bringing all the relevant actors together to create a cash infrastructure that is both comprehensive and commercially viable.”

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