In 2024, 245 UK bank branches will close, with 55 per month on average, and 15 for 2025, as high street banks move towards online services.
245 UK bank branches set to close in 2024, with an average of 55 closures announced every month, leaving some communities without local banking options. The trend continues as 15 more closures have been announced for 2025. High street banks are shifting towards online services, raising concerns for vulnerable customers and small businesses who may be left behind in the transition.
February 26, 2024
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