Bank crisis hits the high street as map shows 245 branches set to shut this year alone across the UK
1 year, 1 month ago

Bank crisis hits the high street as map shows 245 branches set to shut this year alone across the UK

Daily Mail  

A new map has laid bare the scale of the UK banking crisis with a staggering 245 branches across the UK set to close their doors for good this year. Major high street banking firms now must notify LINK of their planned branch closures so the watchdog can ensure that no community is left without the cash access and deposit services it needs. A new map has laid bare the scale of the UK banking crisis with a staggering 245 branches across the UK set to close their doors for good this year Once LINK has been told about a planned closure, it decides whether an area's needs will still be met even after the closure has taken place and plans for a new branch if not. Barclays have announced they are to close another string of branches over the coming months in a fresh blow for high street shoppers The popular high street bank - which boasts 48 million customers as of 2023 - is to start pulling the shutters down on 16 sites in England, two in Wales, one in Scotland and one in Ireland as soon as May.

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History of this topic

Lloyds Banking Group: Full list of where branches will close
1 month, 3 weeks ago

Lloyds Banking Group: Full list of where branches will close

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The banking giant behind Lloyds, …

Lloyds, Halifax and Bank of Scotland to close 136 high street bank branches
1 month, 3 weeks ago

Lloyds, Halifax and Bank of Scotland to close 136 high street bank branches

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Lloyds Banking Group is to shut 136 more high street …

Lloyds Banking Group to shut 136 high street branches
1 month, 3 weeks ago

Lloyds Banking Group to shut 136 high street branches

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Lloyds Banking Group is to …

High street banking giant 'looks to quit Britain over excessive red tape' - hitting millions of customers and tens of thousands of staff
2 months, 1 week ago

High street banking giant 'looks to quit Britain over excessive red tape' - hitting millions of customers and tens of thousands of staff

Daily Mail  

High street banking giant Santander is looking 'to quit Britain over excessive red tape' - a decision which would hit millions of customers and tens of thousands of staff. Under the plans, the bank, which has enlisted the help of TV presenters Ant McPartlin and Declan Donnelly as part of an advertising campaign, would step back from retail and commercial …

High street banking giant will close 101 branches for good in 2025 - check if yours is on the list
3 months ago

High street banking giant will close 101 branches for good in 2025 - check if yours is on the list

Daily Mail  

A major banking group has announced it will close another another 101 high street branches in 2025 in the latest blow to customers. Speaking to Birmingham Live about the closures, a Lloyds Banking Group spokesperson said: 'Mobile banking is more popular than ever, with over 19.5 million customers choosing our app to manage, maximise and understand more about their money. …

Britain's banking crisis laid bare: More than 6,000 branches have closed in last nine years with three out of every five shutting for good - as bosses are accused of being 'in a race' to see who can a
10 months, 1 week ago

Britain's banking crisis laid bare: More than 6,000 branches have closed in last nine years with three out of every five shutting for good - as bosses are accused of being 'in a race' to see who can a

Daily Mail  

The number of UK bank branches shutting their doors over the past nine years will pass the 6,000 mark today amid an 'avalanche' of closures, a study has revealed. Constituencies set to have no bank branches by the end of the year Barnsley East Bolton West B radford South Bury South Central Suffolk and North Ipswich C hatham and Aylesford …

Royal Bank of Scotland to close 18 more branches with the loss of 105 jobs - after hundreds of other banking outlets already closed this year in High Street exodus
11 months, 1 week ago

Royal Bank of Scotland to close 18 more branches with the loss of 105 jobs - after hundreds of other banking outlets already closed this year in High Street exodus

Daily Mail  

The Royal Bank of Scotland will close 18 branches across the UK this year, in another blow to the high street. RBS is closing another 18 of its branches this year, as several major banks retreat from the high street RBS branches in Edinburgh, Glasgow and Aberdeen are among those slated for closure later this year Your browser does not …

Co-op Bank cuts 400 jobs - one in ten of its workforce - in latest blow to the high street
1 year ago

Co-op Bank cuts 400 jobs - one in ten of its workforce - in latest blow to the high street

Daily Mail  

The Co-operative Bank has said it will cut around 400 jobs, more than one in 10 of its workforce, as part of plans to slash costs. 'These include the commencement of a consultation on a proposed operating model restructure which is expected to result in a net reduction of approximately 400 roles across the bank. The Co-operative Bank has announced …

Barclays announces fresh wave of branch closures with 22 more to shut - is YOUR local affected
1 year, 1 month ago

Barclays announces fresh wave of branch closures with 22 more to shut - is YOUR local affected

Daily Mail  

Barclays have announced they are to close another string of branches over the coming months in a fresh blow for high street shoppers. The popular high street bank - which boasts 48 million customers as of 2023 - is to start pulling the shutters down on 16 sites in England, two in Wales, one in Scotland and one in Ireland …

Is YOUR local bank closing? Full list of nearly 200 branches including Lloyds, Halifax and Barclays set to shut this year amid high street exodus
1 year, 2 months ago

Is YOUR local bank closing? Full list of nearly 200 branches including Lloyds, Halifax and Barclays set to shut this year amid high street exodus

Daily Mail  

The full list of nearly 200 bank branches which are set to close this year was revealed today as lenders continue withdrawing from the High Street. Bank branch scheduled closures in 2024 Lloyds 60 Halifax 47 Barclays 34 NatWest 21 Bank of Scotland 16 Ulster Bank 10 RBS 1 TOTAL - 189 Jenny Ross, Which? Royal Bank of Scotland, also …

Boost for British high street as Nationwide pledges to keep branches open
1 year, 5 months ago

Boost for British high street as Nationwide pledges to keep branches open

The Independent  

Nationwide is giving the Great British high street a patriotic shot in the arm with its biggest rebrand in decades. Rolling out the chic new design at the stroke of midnight, Britain’s biggest building society will overhaul the high street with a red, white and blue rebrand across hundreds of branches and thousands of ATMs up and down the country. …

List of 39 Virgin Money branches set to close
1 year, 8 months ago

List of 39 Virgin Money branches set to close

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Virgin Money has revealed plans …

Barclays is closing 14 more banks this year - is YOUR local branch affected?
1 year, 8 months ago

Barclays is closing 14 more banks this year - is YOUR local branch affected?

Daily Mail  

Barclays is set to close 14 more banks over the coming months, it has been revealed today. The bank has already announced more than 60 closures this year, following in the footsteps of several other major companies including NatWest, Lloyds Banking Group and Halifax. Barclays is set to close 14 more banks over the coming months it has been revealed …

UK bank closures 2023: Full list of UK banks that closed in July
1 year, 8 months ago

UK bank closures 2023: Full list of UK banks that closed in July

Daily Mail  

80 UK bank branches are set to close in July 2023, with leading banks such as Barclays, NatWest, Lloyds and HSBC all shutting branches. Read on below for a full list of bank closures in July 2023. This map shows all 80 UK bank branches closing in the month of July 2023, including sites from NatWest, Barclays, HSBC, Lloyds and …

Barclays, Lloyds, Halifax and Bank of Scotland announce 63 branch closures
1 year, 9 months ago

Barclays, Lloyds, Halifax and Bank of Scotland announce 63 branch closures

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Two of the country’s biggest …

Barclays announces plans to shut another 15 branches this year
1 year, 11 months ago

Barclays announces plans to shut another 15 branches this year

Daily Mail  

Barclays is closing another 15 branches this year in a fresh blow to customers who value face-to-face banking. It comes after two of the UK's other biggest high street banks, NatWest Group and Lloyds Banking Group, revealed plans last month to close more than 80 branches between them across the country. The latest series of closures, which will all take …

Barclays announces 14 more branch closures, bringing total to 58 this year
2 years ago

Barclays announces 14 more branch closures, bringing total to 58 this year

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Government must look again at proposals to introduce …

Lloyds and Halifax to close 40 branches across England and Wales
2 years, 2 months ago

Lloyds and Halifax to close 40 branches across England and Wales

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Another 40 bank branches are …

Barclays on target to axe 103 bank branches this year alone
2 years, 9 months ago

Barclays on target to axe 103 bank branches this year alone

Daily Mail  

Barclays is on target to axe 103 bank branches this year alone. Some 63 Barclays branches have shut down since the start of the year It comes less than a month after the Government confirmed new laws to protect cash. Barclays defended the move and claimed customers are now completing fewer than one in ten transactions in a branch. warns: …

Bank branch network dwindles further after another 267 closures
3 years, 4 months ago

Bank branch network dwindles further after another 267 closures

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The closures meant less than two-thirds of the UK …

Why it’s time to ditch your high street bank
5 years, 8 months ago

Why it’s time to ditch your high street bank

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Some of …

The death of the High Street: More than 18p of every £1 forked out by shoppers is spent online
6 years, 6 months ago

The death of the High Street: More than 18p of every £1 forked out by shoppers is spent online

Daily Mail  

Thousands of shops are closing across Britain as record numbers of customers buy on the internet. Professor Joshua Bamfield, of the Centre for Retail Research, said: ‘Average profits are half what they were five years ago … ordinary shops are facing crippling bills and high taxes, but so far it’s not clear that the Government is taking this seriously.’ A …

UK bank branch closures reach ‘alarming’ rate of 60 per month, Which? finds
6 years, 9 months ago

UK bank branch closures reach ‘alarming’ rate of 60 per month, Which? finds

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. found that branches have shut at a rate of …

HSBC, RBS and Barclays reportedly planning to close 400 UK branches
8 years, 11 months ago

HSBC, RBS and Barclays reportedly planning to close 400 UK branches

Live Mint  

London: Three of Britain’s largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank. While banks argue the need to maintain extensive branch networks has fallen sharply in recent years as customers increasingly bank online, …

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