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Barclays flags 40 more bank branches for closure

  • 30/01/2024
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Since the start of the New Year, banking giant Barclays has already targeted 40 branches as part of its cull, with more than 70 set to go.

As part of the latest round of closures, 20 Barclays branches will disappear from the high streets across England, Wales and Scotland, with the majority taking place in 2024.

It follows on from Barclays’ previous list of 20 branches announced for closure on 12 January 2024.

In total, it means 64 branches are confirmed for closure in 2024, six in 2025, while for seven branches, the closure date listed on LINK, the ATM networks catalogue, is ‘TBC’.

Over the course of 2023, Barclays announced 203 locations were to shutter, while in 2022, the banking giant confirmed it would close 132 branches.

At the end of 2022, it had a branch network of 481, falling to 414 by mid-2023.

As with previous branch closure confirmations, Barclays told us it’s down to the shift towards digital banking – either online or via the app – with fewer people interacting in branch.

Digital customers have increased year-on-year to stand at 10.9 million, with nearly four billion app logins a year and over 90% of transactions completed digitally.


Barclays: ‘Adapting for customers’

A Barclays spokesperson, said: “As visits to branches continue to fall, we need to adapt to provide the best service for all our customers. Where there is no longer enough demand to support a branch, we maintain an in-person presence though our Barclays 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 cashback without purchase service, 24-hour deposit-taking ATMs and by working alongside the Post Office and Cash Access UK.”

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