Since the start of the New Year, banking giant Barclays has already targeted 40 branches as part of its network cull, with more than 70 set to disappear over 2024 and 2025.
As part of the latest round of closures, 20 branches will disappear from the high streets across England, Wales and Scotland, with the majority taking place in 2024.
Here are the latest set to go, and the closure date:
- 78/80 Kilmarnock Road, Shawlands, Scotland, G41 3NN, 26/04/2024
- 225/227 High Street, Ayr, Scotland, KA7 1RB, 10/05/2024
- 19a Union Street, Inverness, Scotland, IV1 1QA, 17/05/2024
- 28 Molesworth Street, Wadebridge, England, PL27 7DN, 25/04/2024
- 32 High Street, Cardigan, Wales, SA43 1HH, 26/04/2024
- 26 Terrace Road, Aberystwyth, Wales, SY23 2AE, 03/05/2024
- 32 High Street, Haverfordwest, Wales, SA61 2DA, 10/05/2024
- 5 High Street, Andover, England, SP10 1LN, 17/05/2024
- 76A New Road, Gravesend, England, DA11 0AF, 03/05/2024
- Unit 62, Bluewater Park, Greenhithe, England, DA9 9SQ, 26/04/2024
- 41 High Street, St Neots, England, PE19 1AS, 30/01/2025
- 5 High Road, Willesden Green, England, NW10 2TE, 03/05/2024
- 38 Market Street, Lancaster, England, LA1 1HS, 25/04/2024
- 8/14 Darwen Street, Blackburn, England, BB2 2BZ, 10/05/2024
- 148 York Road, Hartlepool, England, TS26 9BT, 03/05/2024
- 20-24 Ripple Road, Barking, England, IG11 7PG, 24/05/2024
- 1 High Street, Bracknell, England, RG12 1DR, 17/05/2024
- 92 High Street, Maidenhead, England, SL6 1PX, 26/04/2024
- 10 Hall Place, Spalding, England, PE11 1SR, 10/05/2024
- 19 Main Street, Leiston, England, IP16 4EP, 17/05/2024
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.
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.”
ALTERNATIVE WAYS TO CONTINUE BANKING WITH BARCLAYS
As well as Barclays Local, customers can visit Banking hubs which provide basic banking services including counter services run by the major banks and the Post Office. There are also dedicated rooms where customers can see community bankers from their own bank for more complicated matters that require specialist knowledge or privacy.
According to LINK there are more than banking hubs open, including in Acton, Brixham, Cambuslang, Carmoustie, Cottingham, Rochford and Troon.
However, as branch closures ramp up, LINK recently recommended its 100th shared banking hub after analysing the impact of 847 bank branch closures, as well as receiving more than 600 requests from members of the public.
There are currently 38,480 free ATMs across the UK, down from 40,869 at the end of 2022. There are also 11,000 Post Offices where customers can access and carry out basic banking services.
Related: An in-depth guide to your rights when your bank branch closes
