Banks set to close more branches
The Mail on Sunday reveals that Lloyds and Barclays are poised to announce a raft of branch closures in the coming days, saying that Lloyds could put between 60 and 100 branches on notice and Barclays is likely to announce the closure of up to 20 branches. The paper cites a banking expert who believes big banks cut a further 200 branches in the next few months, with another 400 being axed before the end of 2022. More than 100 branch closures have already been announced this year, with HSBC last week revealing that 69 branches – one in seven of its high street outlets – will close between July and October.
The Mail on Sunday
