Historic banking museum on the Mound to remain open

BOSSES at Lloyds Banking Group have today announced that the Museum on the Mound is to remain open.

The Museum on the Mound. Picture: Callum Bennetts/EN Licence

The decision to reverse a planned closure for the museum at Bank of Scotland’s HQ on The Mound, its financial education facility in Edinburgh, came after a review.

Receiving more than 50,000 visitors a year, the shock decision to close the popular free attraction permanently provoked an outcry from its supporters last month.

It had been due to close its doors for the very last time on 29 December, but will now continue to operate.

Philip Grant, chair of LBG’s Scottish Executive Committee said the decision reflected views received by the Group following the announcement.

“Lloyds Banking Group has today announced that the Museum on the Mound, its financial education facility in Edinburgh, will remain open. The Group received a number of representations that made clear the depth of feeling about the value of the Museum and its education work in particular. We have listened and have responded.

“I am pleased that the Museum will continue to play its unique part in supporting financial education and continue to be a major asset for Edinburgh and Scotland.”

The Museum on the Mound was opened 11 years ago by Ian Rankin and is situated within the former headquarters of Bank of Scotland.