Lothian’s MSP Kezia Dugdale is calling on Lloyds Banking Group (LBG) to reverse plans to close the Museum on the Mound in Edinburgh to the public at the end of this year.

The Museum on the Mound, which is controlled by Lloyds Banking Group focuses on money, coinage and economics and welcomes over 50,000 people each year through its doors. The museum is famously home of Scotland’s oldest banknote, a display of one million pounds and also the Founding Act (of the Scots Parliament) of 1695.

As well as displaying some iconic items from Scotland’s past the Museum on the Mound delivers  high-quality, hands-on money-themed sessions to some 4,000 school pupils a yea, with schools from every local authority in Scotland having visited the Museum to engage in its programmes. The schools’ service is consistently rated by teachers as excellent, and was developed in conjunction with Education Scotland to fully support Curriculum for Excellence.

The closure of this unique cultural and educational asset runs directly contrary to the banks Helping Britain Prosper programme, and in particular its commitment to local communities.

Last week in the Scottish Parliament, Lothian’s MSP Kezia Dugdale lodged a motion in the Scottish Parliament opposing the closure and asking LBG to rethink the decision.


Commenting on the proposed closure Kezia Dugdale MSP said:

“The proposed closure of the Museum on the Mound by Lloyds Banking Group would be a huge blow for not only Edinburgh, but also for the thousands of school children from across Scotland who visit the museum each year to learn about money and finance. Over recent days I have had a number of constituents write to me to raise their anger over the decision to close the Museum by Lloyds.

“The museum has received praise from local authorities, teachers and other educational professionals across Scotland. For Lloyds Banking Group to deliberately put an end to all of this will leave Scotland’s schools and children very much the poorer.

“I am seeking an urgent meeting with Lloyds Banking Group to discuss the proposed closure and what can be done to keep this unique educational and tourism asset open for all. In addition to this I have also written to Fiona Hyslop the Cabinet Secretary for Culture, Tourism and External Affairs to ask what support the Scottish Government can offer to stop the closure of the Museum.

“I hope that Llyods will see sense over this issue and reverse the closure which will not only see people put out of jobs, but which also runs directly contrary to their own plan to support people, communities and businesses to prosper trust to the bank and the financial sector as a whole. “


The full motion submitted by Kezia Dugdale MSP is below:

  • That the Parliament notes with concern the proposed closure of the Lloyds Banking Group Museum on the Mound in Edinburgh; understands that the Museum, which focuses on money, coinage and economics, and which is also home to Scotland’s oldest banknote and has one million pounds on display, is to close at the end of the year under current plans; notes that some 50,000 people a year, many of them children, will miss out on the museum displays which include iconic items from the Bank of Scotland archive such as its Founding Act (of the Scots Parliament) of 1695; considers the loss of access to around 4000 pupils a year through educational visits, which have attracted praise from teachers, schools and local authorities; further recognises the educational loss to other visiting groups including adult education classes, adults with special needs, student teachers and children from special schools and secure units; understands the museum has consistently achieved a five-star visitor rating from Visit Scotland, and hundreds of positive reviews on TripAdvisor; believes the closure of the museum will be damaging for the education, tourism culture and history of Edinburgh and Scotland and urges Lloyds Banking Group to reconsider the closure of this excellent and unique resource.


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