The 114 branches being closed by HSBC in move to mobile banking
Banking giant HSBC will close 114 bank branches across the UK from next April as fewer and fewer people use them, the bank has said.
It is investing tens of millions of pounds in updating and improving its remaining branch network, the bank said, which will total 327 after the new wave of closures.
The decline in customers using branches has accelerated so much since the Covid pandemic that some of those closing are serving fewer than 250 people a week, HSBC said.
On the other hand, usage of its mobile app has almost tripled since 2017, with the vast majority of transactions completed digitally.
Jackie Uhi, HSBC UK’s managing director of UK distribution, said: “People are changing the way they bank and footfall in many branches is at an all-time low, with no signs of it returning. Banking remotely is becoming the norm for the vast majority of us.
“The decision to close a branch is never easy or taken lightly, especially if we are the last branch in an area, so we’ve invested heavily in our ‘post-closure’ strategy, including providing free tablet devices to selected branch customers who do not already have a device to bank digitally, alongside one-to-one coaching to help them migrate to digital banking.”
Which branches are closing - and when?
Blandford Forum - 18/04/2023
Bristol Downend - 25/04/2023
Bexhill on Sea - 18/04/2023
Leominster - 25/04/2023
Abergavenny -18/04/2023
Market Bosworth - 25/04/2023
Cromer -18/04/2023
Alton - 25/04/2023
St Ives - 18/04/2023
Shaftesbury - 25/04/2023
St Austell - 18/04/2023
Wilmslow - 02/05/2023
Stamford - 16/05/2023
Whitley Bay - 02/05/2023
Whitby - 16/05/2023
Coleraine - 02/05/2023
Bridport - 23/05/2023
Bideford - 02/05/2023
Hove - 23/05/2023
Gainsborough - 02/05/2023
Fakenham - 23/05/2023
Launceston - 02/05/2023
Sudbury - 23/05/2023
Arnold - 09/05/2023
Liskeard - 23/05/2023
Didcot - 09/05/2023
Bristol Filton - 30/05/2023
Brecon - 09/05/2023
Dundee - 30/05/2023
Minehead - 09/05/2023
Waltham Cross - 30/05/2023
Dover - 09/05/2023
Hinckley Road - 30/05/2023
Halesowen - 16/05/2023
Market Harborough - 30/05/2023
Stroud - 16/05/2023
Stourport on Severn - 30/05/2023
Brighouse - 16/05/2023
Stirling - 06/06/2023
Twickenham - 20/06/2023
Pocklington - 06/06/2023
Ross-on-Wye - 20/06/2023
Chepstow - 06/06/2023
Hertford - 20/06/2023
Knutsford - 06/06/2023
Wells - 20/06/2023
Frome - 06/06/2023
Bicester - 20/06/2023
Portadown - 06/06/2023
Oakham - 20/06/2023
Penarth - 13/06/2023
New Milton - 27/06/2023
Ilkley - 13/06/2023
Lewes - 27/06/2023
South Shields - 13/06/2023
Pontypool - 27/06/2023
Skipton - 13/06/2023
Beccles - 27/06/2023
Honiton - 13/06/2023
St Neots - 27/06/2023
Sleaford - 13/06/2023
Wadebridge - 27/06/2023
Portishead - 04/07/2023
Horsforth - 18/07/2023
Droitwich - 04/07/2023
Gosforth - 18/07/2023
Leatherhead - 04/07/2023
Harpenden - 18/07/2023
Palmers Green - 04/07/2023
Bognor Regis - 18/07/2023
Coalville - 04/07/2023
Marlow - 18/07/2023
Park Gate Southampton - 11/07/2023
Christchurch - 25/07/2023
Wetherby - 11/07/2023
Seaford - 25/07/2023
Port Talbot - 11/07/2023
Blackwood - 25/07/2023
Kingswinford - 11/07/2023
Norwich Mile Cross - 25/07/2023
Long Eaton - 11/07/2023
Ripley - 25/07/2023
Bromborough - 18/07/2023
Tonbridge - 25/07/2023
Bristol Westbury on Trym - 01/08/2023
Bethnal Green - 15/08/2023
Ormskirk - 01/08/2023
Hornchurch - 15/08/2023
Putney - 01/08/2023
Colwyn Bay - 15/08/2023
Ashton under - Lyne 01/08/2023
Dorchester - 22/08/2023
Kenilworth - 01/08/2023
Morley - 22/08/2023
Reigate - 08/08/2023
Wymondham - 22/08/2023
North Finchley - 08/08/2023
Ryde - 22/08/2023
Cirencester - 08/08/2023
Windsor - 22/08/2023
Henley-on-Thames - 08/08/2023
Cardiff Rhyd y Penau -29/08/2023
Denbigh - 08/08/2023
Leighton Buzzard - 29/08/2023
122 Finchley Road - 15/08/2023
Eastwood - 29/08/2023
Chippenham - 15/08/2023
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