Home Breaking HSBC says it will close 114 more branches in the UK from April, as customers using them have fallen significantly since the pandemic
HSBC says it will close 114 more branches in the UK from April, as customers using them have fallen significantly since the pandemic
Hsbc Says It Will Close 114 More Branches In The Uk From April, As Customers Using Them Have Fallen Significantly Since The Pandemic

The bank said it would try to redeploy affected staff but that about 100 would lose their jobs.

Banks have closed hundreds of branches in recent years as more people bank online and lenders try to cut costs.

HSBC said it will invest tens of millions “updating and improving” its remaining 327 UK branches.

Jackie Uhi, its 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.”

She said the decision to close a branch was “never easy or taken lightly”, especially if it was the last branch in an area.

She said HSBC was investing heavily in “post-closure” measures, such as providing free tablet devices to help some branch customers bank digitally, alongside coaching to help them migrate to digital banking.

The fresh closures come after HSBC said in March that it planned to shut 69 branches by this autumn.

It said footfall in three quarters of the branches set to close had halved over the past five years.

The trend has sped up since the pandemic, with some HSBC branches serving fewer than 150 people per week, it added.

The full list of HSBC branches closing down is:

April

– 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

May

– 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 11
– 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

June

– 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

July

– 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 25/07/202

August

– 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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