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Daily Mirror
Daily Mirror
Business
Sam Barker

HSBC to close 69 bank branches with 400 jobs affected - see list of towns

HSBC has said it will shut 69 bank branches due to a shift to online banking, in a move affecting around 400 staff.

The bank said it would try to replace the shuttered branches with other banking services, like new cash machines and pop-up outlets.

HSBC said it is closing branches because Brits increasingly prefer online banking.

It said fewer than half its customers are active users of its branches, and that average footfall was down 50% since 2017.

The pandemic has increased the pace of this, the bank said.

HSBC head of UK branch network Jackie Uhi said: “Our branches continue to support people with their more complex banking needs, but the way we can do this has also evolved, with the addition of banking hubs, community pop ups and continued use of the Post Office network.

The bank will try to replace shuttered outlets with other services (Bloomberg via Getty Images)

"Rather than a one-size fits all branch approach, it’s an approach built around the way different customers are choosing to bank in different areas."

The bank is trying to reshuffle 400 affected staff into other roles.

The bank will try to replace shuttered outlets with other services (Bloomberg via Getty Images)

Last year banks were closing almost 100 branches a month over the summer.

Consumer group Which? has called for banks to pause all closures, as many Brits face being left without access to cash.

Which? money editor Jenny Ross said: "There has been an alarming number of bank branch closures in recent years, and many consumers who rely on banks to access cash for everyday essentials and face-to-face services will be concerned about what these latest closures mean for them.

Last month NatWest confirmed plans to close 32 outlets across the UK.

HSBC last announced a big round of branch closures in January 2021, with 81 closed in the year.

The reason was the same - fewer people using its physical branches.

The full list of HSBC branches due to close, and the date, is below.

July

City of London, 19 July 2022

Gloucester Road, 26 July 2022

Westfield Stratford City, 19 July 2022

Monmouth, 26 July 2022

New Bond Street, 19 July 2022

Perth, 26 July 2022

Cambridge, Hills Road, 21 July 2022

Hammersmith, 28 July 2022

Moorgate, 21 July 2022

Merry Hill, 28 July 2022

Angel Islington, 21 July 2022

Woking, 28 July 2022

August

East Grinstead, 2 August 2022

Leyland, 16 August 2022

Peckham, 2 August 2022

Omagh, 16 August 2022

Farnham, 2 August 2022

Borehamwood & Elstree, 16 August 2022

Beaconsfield, 4 August 2022

Golders Green, 18 August 2022

Street, 4 August 2022

Stowmarket 18, August 2022

Lymington, 4 August 2022

Eltham, 18 August 2022

Sidcup, 9 August 2022

Wellingborough, 23 August 2022

Thame, 9 August 2022

Amersham-on-the-Hill, 23 August 2022

Hoddesdon, 9 August 2022

Bishop Auckland, 23 August 2022

Birmingham, Harborne 11 August 2022

Ashby-de-la-Zouch, 25 August 2022

Londonderry, 11 August 2022

Woodbridge, 25 August 2022

Uckfield, 11 August 2022

Thornbury, 25 August 2022

September

New Malden, 1 September 2022

Strood, 15 September 2022

Hartlepool, 1 September 2022

St Annes-on-Sea, 20 September 2022

Keynsham, 1 September 2022

Ringwood, 20 September 2022

Pinner, 6 September 2022

Pontefract, 20 September 2022

Dewsbury, 6 September 2022

Ilkeston, 22 September 2022

Barking, 6 September 2022

Petersfield, 22 September 2022

Newmarket, 8 September 2022

Whitehaven, 22 September 2022

Billericay, 8 September 2022

Hampstead, High Street, 27 September 2022

Beckenham, 8 September 2022

Inverness, 27 September 2022

Sidmouth, 13 September 2022

Wandsworth, 27 September 2022

Burgess Hill, 13 September 2022

Manchester, Didsbury 29 September 2022

Daventry, 13 September 2022

Bristol, Whiteladies Road, 29 September 2022

Nottingham, West Bridgford, 15 September 2022

Shirley, 29 September 2022

Ellesmere Port, 15 September 2022

October

Herne Bay, 4 October 2022

Falmouth, 6 October 2022

Manchester, Trafford Park, 4 October 2022

Bootle, 6 October 2022

Cardiff, Canton, 4 October 2022

Date to be confirmed

Kingston

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