A MAJOR bank is to shut another 15 branches this year in the latest round of closures. Barclays has announced the closure of 15 branches across the country, meaning over 100 banks are to shut …
A MAJOR bank is to shut another 15 branches this year in the latest round of closures.
Barclays has announced the closure of 15 branches across the country, meaning over 100 banks are to shut down so far this year.The bank is set to close 14 branches across England and one in Wales from late April to the first few days on May. Sites in London, Gosport, Bridgwater and St Helens are among those shutting down over just a few days.It comes days after NatWest said it is closing 23 branches, and over a week since Lloyds Banking Group said it is shutting 40 Halifax and Lloyds sites.
At the time the company blamed footfall, which has been rapidly decreasing since the onset of online banking and dropped further during the pandemic. Lloyds said the number of customers visiting the branches it plans to close had dropped by 60% on average over the last five years.It means the total number of high street bank branches closing this year is already at 103.
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