Bank branch closure fear

Bank branch closure fear

Bank branch closure fear

First published in News

A BANK could be closed as part of plans to move branches into supermarkets.

Barclays has announced it will replace some of its High Street branches across the country with smaller outlets within the community.

It has not yet confirmed how many branches will be affected, or where they will be.

It puts the future of Barclays branches in Halstead, Braintree and Witham in doubt.

The plans are part of a shake-up being led by chief executive Antony Jenkins, which could also see jobs in its investment banking division cut.

Comments (1)

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3:18pm Mon 3 Feb 14

keith_l says...

This shouldn't come as much of a shock - the banks have been encouraging us for years to do more of our banking online, and paying by cards means less demand for cash.

So therefore, you would expect the branches to get smaller, which usually means relocating.

So the end result is yet more empty buildings on the high street.
This shouldn't come as much of a shock - the banks have been encouraging us for years to do more of our banking online, and paying by cards means less demand for cash. So therefore, you would expect the branches to get smaller, which usually means relocating. So the end result is yet more empty buildings on the high street. keith_l
  • Score: 2

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