Barclays announces MORE bank branch closures: Is your local set to close?
The high street banking giant has targeted 14 branches across England, Wales and Scotland in the latest cull to take place in June and July as it looks to adapt to customers’ move away from in-person banking towards digital banking.
This latest number comes on top of the 30 Barclays branches flagged in January with closures set for Spring.
This means since the start of 2023, Barclays has confirmed 44 branches in total will close this year.
In total in 2022, Barclays confirmed it would close 132 branches, with the majority of closures already having taken place.
Here’s the full list of the latest branches set to close, along with the closure date:
- 137 Brompton Road, Knightsbridge, London, SW3 1QF – 07/07/23
- 35 Notting Hill Gate, London, England, W11 3JR – 16/06/23
- 47 High Street, Merthyr Tydfil, Wales, CF47 8DL – 14/06/23
- 10 Bethcar Street, Ebbw Vale, Wales, NP23 6HQ – 09/06/23
- 21 Cowgate, Kirkintilloch, Scotland, G66 1HW – 09/06/23
- 6/8 High Street Ringwood, England, BH24 1BZ – 08/06/23
- 21 High Street, Lymington, England, SO41 9YJ – 15/06/23
- 4 High Street, Manningtree, England, CO11 1AF – 07/06/23
- 10 Yorick Road, West Mersea, Colchester, England, CO5 8HX – 13/06/23
- 3 Beckenham Road, Beckenham, England, BR3 4ES – 14/06/23
- 1 Station Road, Knowle, England, B93 0HW, 16/06/23
- 1 Tudor Square, West Bridgford, England,NG2 6BT – 15/06/23
- 29 High Street, Mildenhall, England, IP28 7EA – 14/06/23
- 58 High Street, Newmarket, England, CB8 8NH – 09/06/23.
According to the data listed by the LINK ATM network, there will not be any other branch of any other bank nearby in Manningtree, Colchester, Knowle and Mildenhall. However, it has not recommended any additional services for any of the 14 branch closures.
Total bank branch closures
LINK data revealed more than 600 bank branch closures were announced during 2022, across brands including Lloyds, Halifax, Bank of Scotland, Nationwide Building Society, HSBC, Barclays, RBS and Danske Bank.
Meanwhile, there were 12,178 fewer free-to-use ATMs in operation last year compared with August 2018.
So far in 2023, 119 branches have already been confirmed for closure this year across Barclays, TSB, Lloyds and Halifax, NatWest, as well as two from Nationwide and one from Virgin Money.
Alternative banking methods
According to Barclays, it has the largest network of alternative branch sites – Barclays Local – in libraries, community and shopping centres with 200 of these in total.
Barclays added that it is expanding Barclays Local by over 70 sites in 2023, adding to the 200 opened in 2022. These provide a presence in places such as town halls and libraries, and offer in-person banking support.
Further, it will roll out 10 banking pods by summer 2023 – semi-permanent structures providing private space in locations such as shopping centres and retail parks.
And it will add six electric vehicle banking vans to its existing fleet of 10, enabling Barclays to reach customers in remote locations.
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 200 locations, based in libraries, town halls, mobile vans and our new 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.”
Related: An in-depth guide to your rights when your bank branch closes