Home Press HSBC Threatens Pensioners Again
HSBC Threatens Pensioners Again PDF Print E-mail
Saturday, 18 March 2017 11:05

altFollowing extensive correspondence in 2016 and written assurances that all was well, HSBC Senior Banking Operations Manager Karen Maynard has this week written to the Trustees of the E J Toon Charitable Trust in Rutland indicating the bank has summarily closed down the charity's long standing bank account with HSBC. The charity pays £50 every Christmas to registered Uppingham pensioners over 80 years of age. Pictured is Edward J Toon, the charity's founder and benefactor.    

The move comes after intervention in 2016 by the Leicester Mercury Press Group following a similar threat, resulting in the bank apologising for its actions, blaming a failure of  internal communication, and awarding the charity £1000 in compensation for the stress and trouble caused by the administrative error.

Trustees have described the latest move as an outrage and likely to cause considerable anxiety among the Trust's 250+ beneficiaries. Trustees must now repeat their efforts of last year and campaign to have the decision reversed. Principal Correspondent and Chair of the charity, Ron Simpson BEM, described the bank's actions as 'incomprehensible and a public relations disaster for the bank'.  The issue will be discussed at a public meeting of the Uppingham Neighbourhood Forum on March 30th 2017 to be held in The Falcon Hotel. The charity can be contacted at This e-mail address is being protected from spambots. You need JavaScript enabled to view it    

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