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Santander is closing 44 UK branches, affecting 291 jobs, as digital banking grows, amid its £2.65B TSB acquisition.
Due to the fact that 96% of transactions are now completed online, Santander is closing 44 bank branches in the UK, endangering 291 jobs in the process.
The action comes after about 2,000 job cuts over the previous year and 95 branch closures in March 2025 that impacted 750 employees.
The bank will employ "community bankers" in smaller hubs, shops, and reduced-hour locations to preserve local access.
Over the previous six years, the bank has invested in over 220 renovations and maintained 244 full branches.
The modifications align with Santander's upcoming £2.65 billion purchase of TSB, which is anticipated to conclude later in the quarter.
Santander está cerrando 44 sucursales en el Reino Unido, afectando a 291 empleos, a medida que crece la banca digital, en medio de su adquisición de TSB por £ 2.65B.