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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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Share Price: 202.35
Bid: 202.15
Ask: 202.25
Change: 1.35 (0.67%)
Spread: 0.10 (0.049%)
Open: 202.50
High: 203.40
Low: 199.58
Prev. Close: 201.00
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Barclays plans to close 15 more branches in UK this summer

Wed, 12th Apr 2023 18:29

(Alliance News) - Barclays PLC plans to close another 15 sites across the UK this summer, adding to the loss of hundreds of branches across the banking sector in 2023.

The high street stalwart said it planned to close two locations in Northern Ireland, one in Wales and 12 in England, in July.

It brings the total of Barclays branches closing this year to 73.

The banking industry has pointed to data showing that fewer people are using their branches to justify an increasing number of closures during recent years.

The pandemic also accelerated changes in how customers used banking services, with many learning for the first time how to bank from home.

However, critics say some of the more vulnerable members of society – especially those in older age groups who are less confident on the internet – will be left without access to services they understand.

With the latest closure announcement from Barclays, high street branches have set out plans to shut 228 sites since the start of this year.

Barclays said: "As visits to branches continue to fall, we need to adapt to provide the best service for all our customers.

"Where there is no longer enough demand to support a branch, we maintain an in-person presence though our Barclays Local network, live in over 200 locations, based in libraries, town halls, mobile vans and our new banking pods.

"We also support access to cash with our cashback without purchase service, 24-hour deposit-taking ATMs and by working alongside the Post Office and Cash Access UK."

Here is a full list of all the 15 closures that have been newly announced and the date they plan to close.

– Sudbury, 35 Market Hill – July 6

– Chipping Norton, 15 High Street – July 6

– Kingswood, 78 Regent Street – July 6

– Llangollen, 9 Castle Street – July 7

– Canvey Island, 1 High Street – July 7

– Alnwick, 20 Bondgate Within – July 7

– Wombourne, 1 Gravel Hill – July 12

– Bentham, 18 Main Street – July 12

– Hayes, 62 Station Road – July 13

– South Harrow, 235 Northolt Road – July 14

– Oswestry, 7 The Cross – July 14

– Yarm, 76 High Street – July 14

– Seahouses, 1 Seafield Road – July 14

– Lisburn, 61 Bow Street – July 21

– Portadown, 3 High Street – July 28

source: PA

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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