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“The public purse was very generous to the banks following the crash of 2008 and to respond by stripping a cultural venue from the heart of the city is a very cold way of repaying that support.” Comment: Why museum's on the money for school children Joanne Orr, the chief executive of Museums Galleries Scotland, said: “We regret to hear of the closing of any museum and the closure of the Museum on the Mound will be a loss to Edinburgh’s tourist offering.
“We hope that Lloyds Banking Group will continue their commitment in some capacity to the museum’s education and outreach programmes, which many school children and young people have benefited from.” Lloyds, however, said that the closure of the museum did not mean that the future of the entire historic site on The Mound, and its landmark building, was in question.
The closure decision has dismayed supporters of the museum, and will lead to several job losses.
So between 19 the bank was completely rebuilt and expanded by the architect Sir Herbert Baker.
The spokesman noted: “The Edinburgh site will continue to be open to the public by an appointment service.
Materials on loan to us will be returned to the lending institutions.” Several major museums have loaned objects to the museum, including the British Museum, the National Museums of Scotland, the National Archives and the Royal Mint.
The charter sets out the conditions under which the Bank would operate.
It was granted by the joint monarchs William and Mary.