Andy Burnham has set out plans to bring together a network of cities and charities to support the recovery of Ukraine after the war.
29.10.2023 - 13:07 / dailyrecord.co.uk
Customers of a range of banks have been issued a warning over a worrying spate of branch closures.
The concerns follow a mutual agreement with LINK, a service which documents branch and bank closures across the UK. The service recently revealed that the 1,000th closure occurred this weekend.
LINK is urging customers to "get in touch" if their local branch has closed and they are unaware of their nearest branch. The latest closure saw a Virgin Money branch close. However, every major bank - from NatWest and Halifax to Barclays, Lloyds, HSBC, Santander - has shut sites recently. A total of 81 branches have shut their doors, reports Birmingham Live.
A spokesperson for Virgin Money said: “The decision to close a store is never taken lightly. But as our customers continue to change the way they want to bank with us, by conducting fewer transactions in-store and adopting the convenience of digital banking, we must respond to that evolving demand. We are proactively providing enhanced, bespoke care to ensure any vulnerable customers affected are supported through the changes.”
Nick Quin, Head of Financial Inclusion, LINK said: “As more people choose to bank online or pay using cash, the UK will need fewer cash machines and more bank branches will close. There are still over five million people who rely on cash and it’s LINK’s role to make sure that every high street continues to have free access to cash for as long as they need it.
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Andy Burnham has set out plans to bring together a network of cities and charities to support the recovery of Ukraine after the war.
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