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90 bank branches to close by end of August

By Alexandra Leonards

90 bank branches from across the major UK banks are set to close by the end of next month.

Figures published by British ATM network Link reveal that Lloyds, Halifax, Nationwide, Barclays, Bank of Scotland, HSBC, NatWest, Royal Bank of Scotland, and Santander will all close bank branches over the coming weeks.

By the end of the year, 326 banks are set to have closed across the country.

Last month the Financial Conduct Authority (FCA) proposed new rules that would see banks and building societies would be forced to assess the impact of changes to their services, including branch closures and opening times.

The UK financial watchdog is also consulting on the requirement for “detailed analysis” on how firms evaluate the effect of converting ATMs and the reduction of services.

In May, Barclays announced plans to close 27 further branches in the UK, to take its current planned closure programme to just over 100 sites by the end of 2022.

In March, Lloyds also confirmed it would shut 60 branches across the UK, while HSBC said it would permanently close 69 branches.


The banks say that a shift to online banking has largely driven heightened closures.

Over the next six weeks, HSBC is set to close the highest number of branches – 30, while Barclays shuts 18.

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