Barclays confirms further branches will close this year
The high street banking giant is the first of the major lenders to announce further branch closures this year.
It has targeted 15 branches in the latest cull, including in London, the North and one branch in Wales as it looks to adapt as customers move away from in-person banking.
Here’s the full list of branches set to close, along with the close date:
- 1 Hanbury Road, Bargoed, Wales CF81 8XA – 14/04/23
- 260 Walworth Road, London SE17 1JF – 13/04/23
- 104/108 Tower Bridge Road, London SE1 3NG – 19/04/23
- 70 Birmingham Road, Rowley Regis, Warley B65 9BA – 21/04/23
- 93-95 Hutton Road, Shenfield CM15 8JE – 19/04/23
- 304 Green Street, London E7 8LG – 20/04/23
- 5 Church Street, Barnoldswick BB18 5UR – 14/04/2023
- 45 Oxford Road, Guiseley LS20 8AE – 12/04/23
- 390 Harrogate Road, Leeds LS17 6PY – 21/04/23
- 3 Station Road, Flitwick MK45 1JS – 14/04/23
- 8/18 High Street, Woburn Sands, Milton Keynes MK17 8RN – 18/04/23
- 55 Front Street, Stanhope, Bishop Auckland DL13 2TU – 21/04/23
- Market Square, Keswick CA12 5BE – 21/04/23
- 42 High Street, Hunstanton PE36 5AQ – 12/04/23
- 10 Market Place, Macclesfield SK10 1HA – 14/04/23.
According to the data listed by the LINK ATM network, a banking hub has been recommended for the Barnoldswick closure, while a deposit service has been recommended for Keswick.
In total in 2022, Barclays confirmed it would close 132 branches, with the majority of closures taking place during the year.
Meanwhile, 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.
As of 2022, there are 12,178 fewer free-to-use ATMs in operation compared with August 2018, with an average of 99 bank branch closures taking place each month since 2021.
Earlier this year, in an open letter to the Treasury, campaign group Which?, along with a coalition of organisations, charities, industry bodies and MPs, highlighted their concern about the decline in access to, and acceptance of cash in the UK.
Last month, the major high street banks launched Cash Access UK to provide customers and businesses with free access to cash, deposits and basic banking services.
‘Maintaining community presence’
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.
A Barclays spokesperson, said: “Our customers’ behaviour has changed significantly in recent years, with the majority choosing online banking. As we adapt, we are closing less well-used branches whilst investing in brilliant customer service and digital technology.
“We are maintaining our community presence with alternative options for customers who still require in-person support. This includes our network of Barclays Local sites in libraries and community centres, bank pods and mobile vans, our cashback without purchase service, Shared Banking Hubs and everyday banking at the Post Office.”
Related: An in-depth guide to your rights when your bank branch closes