A major bank with 400 locations reveals another 20 branches will CLOSE
A major bank on the main shopping streets will close another twenty branches in the coming months, which will be another huge blow to the high street.
Barclays will begin pulling down the shutters at fourteen locations in England, three in Wales and three in Scotland from April.
Locations in Blackburn, Hartlepool and Maidenhead will be affected.
Barclays has announced almost 200 branch closures in recent years and says only 10% of transactions now take place face-to-face.
At the end of June last year, the bank had 414 branches, but an updated figure will be published in the bank's results on February 20.
A Barclays spokesperson said: “As branch visits continue to decline, we must adapt to provide the best service to all our customers. If there is no longer sufficient demand to support a branch, we will continue to have a personal presence through our Barclays offices. Local network, live in over 300 locations, based in libraries, town halls, mobile vans and our banking pods.
“We also support access to cash with our no-purchase cashback service, 24-hour ATMs and by working with the Post Office and Cash Access UK.”
Here is the new list of Barclays branches closing:
- Shawlands, Scotland – April 26
- Ayr, Scotland – May 10
- Inverness, Scotland – May 17
- Wadebridge, England – April 25
- Vest, Wales – April 26
- Aberystwyth, Wales – May 3
- Haverfordwest, Wales – May 10
- Andover, England – May 17
- Gravesend, England – May 3
- Greenhithe, England – April 26
- St. Neots, England – January 30, 2025
- Willesden Green, England – May 3
- Lancaster, England – April 25
- Blackburn, England – May 10
- Hartlepool, England – May 3
- Barking, England – May 24
- Bracknell, England – May 17
- Maidenhead, England – May 26
- Spalding, England – May 10
- Leiston, England – May 17
Earlier this month, Barclays announced five closures, all of which will also take place in April.
It followed the announcement of 18 closures in December.
Other major lenders have also closed branches, including NatWest, Lloyds, Virgin Money and Halifax.
The closures are largely due to an increase in customers at major banks switching to online banking and the use of apps.
Barclays has already announced that it will close the following 54 branches this year:
- Westbury-on-Trym, England – February 16
- Llanelli, Wales – February 22
- Sheringham, England – February 21
- Dereham, England – February 15
- South Woodford, England – February 23
- Newry, Northern Ireland – February 16
- Coleraine, Northern Ireland – February 23
- Berwick-Upon-Tweed, England – February 14
- Cobham, England – February 14
- Farnham, England – February 21
- Eltham, England – February 15
- Abingdon, England – February 15
- Cannock, England – February 22
- Borehamwood, England – February 21
- Wallasey, England – March 28
- Ruislip, England – February 16
- Poole, England – March 8
- Builth Wells, Wales – March 6
- Abergavenny, Wales – March 1
- Blackwood, Wales – March 22
- Scunthorpe, England – March 20
- Mansfield, England – March 1
- Grimsby, England – March 13
- Beverly, England – March 21
- Perth, Scotland – March 8
- Dundee, Scotland, March 15
- Gateshead, England – March 15
- Hexham, England – March 1
- Richmond, England – December 4
- Northallerton, England – March 14
- Skipton, England – March 7
- Rayleigh, England – March 22
- Palmers Green, London, England – March 8
- Crouch End, England – March 1
- Barnard Castle – January 17, 2025
- Birmingham Longbridge – April 18
- Bishops Stortford – April 12
- Bridgend – April 12
- Burton-on-Trent – April 11
- Clacton-on-Sea – April 11
- Cockermouth – January 12, 2025
- Ely – April 11
- Bospoort – April 11
- Grantham – April 17
- Kirkby Stephen – April 12
- Lincoln Tritton Road – April 12
- Neath – April 19
- Penrith – April 17
- Pickering – January 17, 2025
- Ramsgate – April 19
- Rochdale – April 18
- South Kensington – April 12
- Tredegar – January 17, 2025
- Ystrad Mynach – January 17, 2025
More than 200 bank branches will close their doors this year as companies want to leave the shopping streets.
Customers have already seen their local main bank disappear, as more than 600 banks closed in 2023 alone.
Lloyds Banking Group recently announced that it will close 45 branches in the new year.
Many people, especially the elderly, rely heavily on in-person services and the closures will make it more difficult for them to access services.
You can find your nearest branch using the locator on each bank's website.
But there are still a number of ways affected customers can access basic banking services without having to go to the next city.
If the latest round of closures leaves you without a branch in your city, you should be able to do most basic tasks at your local post office.
You can use one of the Post Office's nearly 12,000 branches to perform basic tasks, but you can't open new bank accounts or take out personal loans and mortgages.
Several banks also offer a mobile banking service, where your bank will bring a bus to your local area that will provide the services usually available in your branch.
You should call your bank to see if it offers such a service. They can tell you where and when the car will be parked.
Other banks use buildings such as village halls or libraries to offer mobile banking.
Banking hubs, offering traditional shared services, have also been set up in several locations across Britain to help close the gap – including Brixham, Cambuslang, Cottingham and Rochford.
In the meantime, here's a full list of bank branches closing in 2024, including Lloyds and Barclays. Are you affected?
In addition, Metro Bank plans to cut 800 jobs and overhaul operating hours in a new cost-cutting drive.
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