Monday 27 March 2017

Growing Business, Shrinking Banks

Good news for Geraldine, who took over Gibbons Butchers from her father Chris five years ago. The business has been increasing trade, and they are now ready to expand. They will be moving to new premises on Castle Street, with space to expand their range of products, and add deli and bakery sections, and they are planning to be open in March 2018. They intend to employ another four people. The meat has always been very good there (Chris Gibbons used to be a judge at the Royal Welsh Showground), and Geraldine has added pies and baked goods to the range. Chris Gibbons opened the butchers in 1984, with one member of staff.

They were able to do this with a business loan from the Nat West - which is ironic, as the local branch of the bank is going to be closed in October, leaving Barclays as the only bank in town with a face to face service and ATM - and they're only open three days a week now.
NatWest customers will be able to do some transactions via the Post Office. The management also said that they were intending to have a mobile bank in Hay for one day a week - for an hour, when they met with County Councillors Gareth Ratcliffe and James Gibson-Watt, Kirsty Williams AM and Fiona Howard (who is mayor this year).

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