______________________________________________________
UK Bank closure warning as 189 ‘imperative’ services set to shut this year
Almost 200 bank branches are closing this year after 645 outlets were shut last year.
By NICHOLAS DAWSON, Finance Reporter based in London
The Government has urged banks and building societies to retain in-person services as the UK braces for another year of sweeping branch closures.
Treasury minister Bim Afolami said in response to a question in Parliament: “It is imperative that banks and building societies recognise the needs of all their customers, including those who still need to use in-person services.
“The impact of branch closures must be mitigated where possible so that all customers, wherever they live, continue to have appropriate access to banking services.”
The UK is already set to lose another 189 bank closures in 2024, including 60 Lloyds branches, 47 Halifax branches and 34 Barclays branches.
Data from consumer champion Which? showed 5,791 branches have shut up shop since January 2015, at a rate of around 54 each month.
Advertisement
______________________________________________________
Source: Express
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
