A Whitley Bay councillor has decried the scheduled closure of the town centre's HSBC.
The banking giant has announced the closure of 114 branches across the UK. HSBC claims the prevalence of online banking has rendered many physical banks obsolete.
The bank, located at 279 Whitley Road, Whitley Bay, is scheduled to shut its doors for the last time on May 2 2023. According to the BBC, the closures could cost up to 100 jobs across the country, although efforts are being made to redeploy employees.