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Chronicle Live
Chronicle Live
National
David Morton

Newcastle city centre bank to close - one of an estimated 325 UK branch closures this year

The ongoing closure of bank branches around the country continues with Royal Bank of Scotland (RBS) announcing its Newcastle city centre branch will close in October - one of 12 in the UK that the company is shutting.

The branch at 31, Grey Street will cease trading on Wednesday, October 12. A RBS spokesperson said: “As with many industries, most of our customers are shifting to mobile and online banking, because it’s faster and easier for people to manage their financial lives.

“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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