Press statement

Which? responds to latest bank closure announcement

1 min read

Jenny Ross, Which? Money Editor, said: 

“These closures are yet another nail in the coffin for the UK's high-street banking infrastructure and will see some towns lose more than one bank within a matter of days or weeks - suggesting little thought has been given to the impact on the communities they serve. 

"With more than 170 branches already due to close in 2024, on top of the 5,783 branches that have closed since January 2015, consumers are being left on a cliff-edge as in-person banking services are axed from their communities. 

"The government must protect the needs of local communities. Banking hubs could play an important role in this, but the rollout is taking far too long and more hubs must open as soon as possible to stop millions of consumers being left behind."

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