An ad from the Royal Bank of Scotland which claimed it would never close a branch if it was the last one in town has been banned by the Advertising Standards Authority (ASA) for being misleading.

The adjudication was made after the ASA was told about an RBS bank, the Natwest in Farsley, Yorks, which was the last bank there and which was recently closed by RBS to save money.

It has been estimated that 1500 high street bank branches will close in the next six years

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