Barclays announces it is closing ANOTHER 27 branches: Total number of banks shutting their doors for good this year hits 103 – so is your local branch facing the axe?

• Barclays bank has revealed it is closing an additional 27 branches later this year
• It says this is to reflects the way that customers are choosing to do their banking
• This may impact a ‘significant minority’ of people who still use cash, Which? says

Barclays has announced it is closing another 27 branches, bringing the total number of sites shutting their doors this year to 103.

The bank had previously confirmed it was closing 63 of its branches this year amid changing habits of consumers and a pivot towards internet banking.

The vast majority of these closures have already taken place, but the locations of 40 branches which will close in June, July and August have now been revealed.

Britain’s High Street banks have been in decline for decades, with the big firms closing branches as usage dips and more and more customers do their banking online.

www.dailymail.co.uk/news/article-10868707/Barclays-announces-closing-27-branches-bringing-total-number-shutting-year-103.html

Views: 6