Nine Nottinghamshire banks will close in 2023 as hundreds of banks on the UK's high streets are due to shut down.
Popular high street banks such as HSBC, Lloyds, Barclays and TSB are among some of the branches that have and will close in parts of Nottinghamshire this year.
Earlier this month (May) the Lloyds Beeston branch and HSBC in Arnold both closed their doors. Barclays in Newark and Worksop are due to close in August this year.
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Other banks in the county that face closure are Barclays in West Bridgford, HSBC in Eastwood, TSB in Newark, Lloyds in Carlton. Just over the Nottinghamshire border, HSBC in Long Eaton Market Place and Lloyds in Shirebrook are also expected to close this year.
A total of 397 banks have closed or will close in England this year, along with 37 in Wales, 20 in Scotland, and five in Northern Ireland. In some areas across the country, the latest closures will leave high streets without any existing banks.
This means customers will have to go online or travel to other locations to access financial services. The closures will leave 109 communities in England without a bank, plus 16 in Wales, five in Scotland, and one in Northern Ireland.
You can see if banks are closing or have closed in your area using the interactive map below.
Branch closures are driven by factors including the rise of online banking, the increasing popularity of mobile banking, and the cost of running branches.
Of the bank closures that have been announced or have already taken place this year, Barclays has overseen the most closures, with 122 branches lost to the high street.
That is followed by 114 HSBC bank closures, 106 NatWest closures, 62 Lloyds, and 32 Halifax.
Barclays says it maintains an in-person presence in more than 200 locations “where there is no longer enough demand to support a branch” through the Barclays Local network, based in libraries, town halls, mobile vans, and “banking pods”.
A spokesperson said: “As visits to branches continue to fall, we need to adapt to provide the best service for all our customers.”
A spokesperson for Lloyds Banking Group - which owns Halifax as well as Lloyds Bank and several other financial firms - said increasing demand for online banking meant it needed to continue to develop “services our customers want to use”. Lloyds said its branches would “continue to be an option for our customers alongside our telephone services, mobile app and online bank”.
A NatWest spokesperson added: “We understand and recognise that digital solutions aren’t right for everyone or every situation, and that when we close branches we have to make sure that no one is left behind.
“We take our responsibility seriously to support the people who face challenges in moving online, so we are investing to provide them with support and alternatives that work for them.”
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