Two-thirds of bank branches have closed in the last 30 years

“A Which? survey has revealed the UK has lost two-thirds of its bank branches in the past 30 years.

The consumer group found there were 7,586 bank branches currently operating compared with 20.583 in 1988. …

… Which? money expert Gareth Shaw told the FT: “We can’t stop tech disrupting traditional models of banking.

“But this is happening at such a pace, we are concerned some people are being disenfranchised and excluded from accessing finance.”

https://www.insider.co.uk/news/uk-bank-closures-rbs-scotland-13598672

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.