A MAJOR bank with 481 branches has announced that it will close in further locations this year.
Barclays will bring the shutters down in 15 more towns and cities in November and December.
Barclays has announced a fresh round of bank branch closuresRex
The closures come as big banks look to move more of their services online.
Data from the UK’s largest cash machine network, LINK, keeps track of any planned branch closures across the UK.
Barclays has only recently brought the shutters down on 10 this week.
Here’s the full list of locations closing next:
137 Ladbroke Grove, Notting Hill – November 2481A London Rd, Waterlooville, Portsmouth – November 24Unit A1 Longsight Shopping Centre, Manchester – November 2423c New Market, Beccles – November 2447 High St West, Wickham – November 2867 High Street, Southwold – November 304 Church Street, Woodbridge – December 1229 High St, Orpington – December 186 Park View, Whitley Bay – December 121 Baxtergate, Whitby – December 8149 Church Road, Hove – December 84/6 South Mall, Edmonton Green – December 1281 High Street, Stourbridge – December 1336 Market Square, Bicester – December 1327 Soho Square, London – December 14
Barclays, one of the UK’s biggest banks, has already announced more than 60 closures in 2023.
It said it would close another nine of its branches on August 11.
Only last month the chain announced plans to pull the shutters down on 14 more branches.
It comes following dozens more by several major banks, including NatWest, Lloyds Banking Group, Virgin Money and Halifax.
Many people, particularly the elderly, still rely on in-person services and the closures will make it more difficult for this demographic to access services.
But there are still a number of ways in which affected customers can access basic banking services without having to venture to the next town.
You can use one of the Post Office’s 11,635 branches to perform basic banking tasks — but not open new bank accounts or take personal loans and mortgages.
Many banks also offer a mobile banking service. This is where your bank brings a bus to your local area that has the services that are usually available at your branch.
You should call up your bank to see if it runs a banking bus and they will be able to tell you where and when it will be parked.
Other banks use buildings such as village halls or libraries to offer mobile banking services.
Banking hubs, which offer traditional shared services, have also been set up in four locations around the UK to help plug the gap — in Brixham, Cambuslang, Cottingham and Rochford.
Banking hubs, which offer traditional shared services, have also been set up in eight locations around the UK to help plug the gap — in Acton, Brixham, Buckingham, Cambuslang, Carnoustie, Cottingham, Rochford and Troon.
There are plans to open dozens more hubs across the UK.
How many new banking hubs are planned?
The first four banking hubs were succesfully piloted last year in Brixham, Cambuslang, Cottingham and Rochford.
Four more have opened in Acton, Buckingham, Carnoustie and Troon.
Following further branch closures LINK, the UK’s Cash Access and ATM network, has identified a further 54 locations which require banking hubs.
There are 37 banking hubs planned for England in:
Ampthill, BedfordshireAxminster, DevonBarnoldswick, LancashireBarton, North LincolnshireBelper, DerbyshireBury Park, BedfordshireCheadle, StaffordshireClay Cross, DerbyshireDownham Market, NorfolkEarlestown, MerseysideElland, West YorkshireHaslemere, SurreyHelston, CornwallHeywood, RochdaleHornsea, East YorkshireHorwich, BoltonKirkby-in-Ashfield, NottinghamshireKnaresborough, HarrogateLooe, CornwallLutterworth, LeicestershireMablethorpe, LincolnshireMarket Rasen, LincolnshireMaryport, CumbriaNewton Aycliffe, County DurhamOakham, RutlandOtley, West YorkshireRoyal Wootton Bassett, WiltshireShirebrook, DerbyshireShoreham-by-Sea, West SussexSidmouth, DevonStapleford, NottinghamshireSyston, LeicestershireWare, HertfordshireWatton, NorfolkWelling, LondonWellington, SomersetWithernsea, East Yorkshire
A single banking hub is planned in Northern Ireland in:
Kilkeel, County Down
Nine banking hubs are planned for Scotland in:
Brechin, AngusCarluke, South LanarkshireCrieff, Perth and KinrossCumnock, East AyrshireForres, MorayGirvan, South AyrshireJedburgh, Scottish BordersKilwinning, North AyrshireKirkcudbright, Dumfries and Galloway
Seven banking hubs are planned for Wales in:
Abergele, ConwyAbertillery, Blaenau GwentPorthcawl, BridgendPrestatyn, DenbighshireRisca, CaerphillyTreorchy, Rhondda Cynon TafWelshpool, Powys
There isn’t a set date for when these hubs are expected to open but it’s expected that they’ll be up and running within the next 12 months.