TSB plans to close 36 UK branches, impacting 250 roles, due to decreased customer transactions.

TSB plans to close 36 bank branches in the UK, impacting around 250 roles, as it moves towards a better balance of digital and face-to-face services. The closures will commence in September and continue through May, leaving TSB with 175 branches across the country. The majority of customer transactions have decreased by 43% in the past four years, leading the lender to streamline its operations.