TSB banking group to close 36 bank branches and cut 250 jobs

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Banking group TSB has announced plans to close 36 bank branches across the UK in a move that will see 250 jobs cut across the business.

The banks will begin closing their doors for good in September, while others won’t close until May next year.“These workers perform essential work in the fraud departments and across the branch network,” Unite’s regional officer Andy Case said.A spokesman for TSB said: “The decision to close a branch is never taken lightly, but our customers are now doing most of their banking digitally and we need to move to a better balance of digital and face-to-face services.

“We remain committed to a national branch network and through innovation and integration with video, telephone, digital, branch and other face-to-face services TSB customers have more ways to bank with us than ever before.

 

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