Connect with us

Hi, what are you looking for?

Right Decision NowRight Decision Now

Business

Barclays is to shut 14 more branches – on top of the 55 closures already announced across England and Wales in 2023

Barclays has revealed plans to shut 14 more branches across England and Wales in June.

These closures will be in addition to the 55 branches the bank already planned to shut this year, meaning at least 69 Barclays branches will shut in 2023.

The decision from Barclays is in line with other major banks, which have axed branches as more people move to online banking.

Lloyds, Barclays, NatWest, HSBC and Santander have all shut more than half of their branches since 2015.

The move from Barclays means their customers will now need to rely on pop-up sites and ‘banking pods’ if they require in-person support.

These ‘banking pods’ are semi-permanent sites which can be moved across different towns and cities to satisfy demand.

Currently, Barclays has 200 pop-up sites and ten ‘banking pods’, with plans to add another 70 pop-up sites in the near future.

In addition, the company runs an educational and support van service to provide financial advice to their customers.

The move from Barclays follows that of other banks, which have closed down high street stores in swathes, as customers move to online and telephone banking, however HSBC have announced suspended branch closures where their banks is the only one remaining within a local area.

A Barclays spokesperson said: ‘As visits to branches continue to fall, we need to adapt to provide the best service for all our customers.

‘Where there is no longer enough demand to support a branch, we maintain an in-person presence though our Barclays Local network, live in over 200 locations, based in libraries, town halls, mobile vans and our new banking pods.

‘We also support access to cash with our cashback without purchase service, 24-hour deposit-taking ATMs and by working alongside the Post Office and Cash Access UK.’

The full list of 14 branches which will close in June are below:

46 Rhosmaen Street, Llandeilo, Wales, SA19 6HF – June 23, 2023

38/42 High St, Mold, Wales, CH7 1BB – June 30, 2023

12 Station Street, Saltburn-by-the-Sea, England, TS12 1AB – June 30, 2023

24 Fore Street, Tiverton, England, EX16 6LE – June 28, 2023

106 High Street, Honiton, England, EX14 1JW – June 23, 2023

10 The Square, Caterham, England, CR3 6XH – June 23, 2023

112 Woodcote Road, Wallington, England, SM6 0LY – June 28, 2023

65/67 Sandgate Road, Folkestone, England, CT20 1RY – June 23, 2023

66 Market Place, Chippenham, England, SN15 3JA- June 23, 2023

1 The Square, Holmes Chapel, England, CW4 7AF- June 27, 2023

13/15 Victoria Square, Holmfirth, England, HD9 2DW – June 23, 2023

337/339 Stanley Road, Bootle, England, L20 3EB – June 30, 2023

207 High Road, Loughton, England, IG10 1AZ – June 22, 2023

28 Chesterton Road, Cambridge, England, CB4 3AZ – June 28, 2023

Read more:
Barclays is to shut 14 more branches – on top of the 55 closures already announced across England and Wales in 2023

    You May Also Like

    Business

    The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...

    World News

    BEIJING — China landed an uncrewed spacecraft on the far side of the moon on Sunday, overcoming a key hurdle in its landmark mission...

    World News

    LONDON — Talks aimed at reaching a global agreement on how to better fight pandemics will be concluded by 2025 or earlier if possible,...

    World News

    SINGAPORE — Ukrainian President Volodmyr Zelensky’s unscheduled appearance at Asia’s biggest security conference dominated proceedings on Sunday after China’s defense chief slammed “separatists” in...

    Disclaimer: rightdecisionnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 rightdecisionnow.com | All Rights Reserved