Major high street bank closing 27 branches for good starting in days as less than 10 customers use them regularly [Video]

Post author By Curator
Post date April 6, 2024

A MAJOR high street bank is set to permanently close 27 branches starting within days because “less than 10 customers” use them.

According to closure assessments by the bank, one key factor that influenced its decision to shut the branches is the tiny number of customers who use them regularly as their main way of banking.

Barclays said 27 branches set to close are used by less than 10 customersCredit: Reuters

Major lenders have been rapidly closing branches over the last year and dozens more are set to be axed this year as banks look to cut costs.

In total, 340 high street bank branches are set to close in 2024 while more than 50 are set to shut in April alone.

Customers are increasingly turning to online and mobile banking to manage their finances.

But banks are under pressure to keepbranches open in towns where there are no rival branches – known as …

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Tags Consumer Protection, Consumers, Customer Experience, Customer Relations, United Kingdom Customer Relations

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Canadas wildfire season re-erupts forcing thousands from homes, prompting air quality alerts in northern US [Video]

Post author By Curator
Post date April 6, 2024

Wildfires in western Canada forced thousands of people from their homes as local officials said the combination of the weather and dry conditions led to an extreme threat from blazes. An evacuation alert was issued for Fort McMurray in Alberta as crews responded to what they described as an "out-of-control wildfire" southwest of town that had burned more than 13,500 acres as of Sunday.