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Bank branch closures

Bussiness

Banking Hubs: A ‘wholly inadequate’ solution to branch closures as communities still left without 24/7 ATM services

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Britain's banks have agreed to establish 350 new banking hubs over the next five years, however, an expert has warned that this initiative is...
Bussiness

Nationwide Building Society to takeover 600 Virgin Money branches as £2.9billion takeover gets green light

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Nationwide Building Society's £2.9billlion acquisition of Virgin Money has been given the green light by the UK's business regulator.The Competition and Markets Authority (CMA)...
Bussiness

Big banks slammed for being ‘subsidised by taxpayer’ and failing to raise savings interest rates

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Big banks are being slammed for being "subsidised by the taxpayer" and failing to pass on higher interest rates to savings and current accounts...
Bussiness

Lloyds to close 21 bank branches from next week – full list of sites shutting down

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Lloyds Bank is set to begin closing nearly two dozen branches up and down the country as soon as next week.Bank branch closures have...
Bussiness

Bank branch closure update: Labour pledges to create 350 banking hubs to ‘breathe life into high streets’

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The Labour Party has pledged to create 350 banking hubs to offset the recent trend of branch closures and "breathe life into Britain's high...
Bussiness

Barclays and HSBC among banks ‘bracing for Post Office face-off’ over cash access deal

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Barclays and HSBC are among the major banks reportedly bracing for a showdown with Post Office over its cash access fees.Major lenders are said...

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