July 4, 2024
Major bank with 1,500 branches to close more locations

Major bank with 1500 branches to close more locations

The closures come as big banks look to move more of their services online.

Data from the UK’s largest cash machine network, LINK, keeps track of any planned branch closures across the UK.

The three locations closing in the UK tomorrow are:

  • Barclays, St Ives – September 8
  • Barclays, St Andrews – September 8
  • Barclays, Haverhill – September 8
    • HSBC, Epworth – September 5
    • HSBC, Holsworthy – September 5
    • HSBC, Hythe – September 5

    And Santander shut three of its banks yesterday (September 6), which were:

  • Santander, Grafton Gate East, Milton Keynes – September 6
  • Barclays, Finchley Road, London – September 6

Meanwhile, Barclays pulled down the shutters on four of its banks for the final time on September 1.

It has already announced more nearly 70 closures this year.

Banks aren’t the only ones disappearing from the high street.

Dozens of Wilko stores will close after the business went bust.

At the same time the cost of living has been rising, leading to shoppers cutting back on non-essential spending.

Major bank with 1,500 branches to close more locations

Brick and mortar stores have also seen a lack of footfall due to consumer habits switching to online shopping.

Major bank with 1500 branches to close more locations

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