As more and more customers switch to using digital banking methods, banks face economic pressure to keep less frequently used branches open. In January, Santander announced it would close 140 of its 754 branches, while consumer group Which? Africa's long wait for the Covid-19 vaccine, The vehicle that got a village smiling. TSB are not the only UK bank to be closing branches, although their closure programme seems to be the most dramatic of those announced in recent years. We need to make sure our branches meet the current and future needs of our … TSB isn’t the only bank shutting branches, but it’s the first to announce plans for 2021. Cutting back: TSB boss Debbie Crosbie plans to axe 164 branches, while 56 closures that Lloyds had earmarked for 2020 will begin in … Video, Brazil runs out of oxygen in deadly second Covid wave, 'Only our generation can heal America' Video, The vehicle that got a village smiling. How many bank branches are closing? "We realise this is difficult news for our branch partners and will do everything to support those affected to offer voluntary redundancies and redeploy as many people as we can to other roles.". The bank is repositioning itself following its IT crisis last year, which affected 1.9 million customers. Why are TSB closing 82 branches? Members of the ex-president's party say he deserves "a full and fair process that respects his rights". TSB closing 86 bank branches in 2020 By Lucy Brown. TSB closures: the full list of 82 bank branches closing around the UK in 2020 ⌕ Photo: Getty. The closure of around a third of its national network comes amid a drop in the number of customers using branches and a significant… Weekly quiz: What was the inauguration poem called? The closures will see the Spanish bank’s total number drop from 540 to 454 in order to save £100m by 2022. Here are the 164 branches across the UK earmarked for closure and the dates they will close, according to the bank. Google threatens to pull search engine in Australia, .css-1snjdh1-IconContainer{display:none;height:0.875em;width:0.875em;vertical-align:-0.0625em;margin-right:0.25em;}Brazil runs out of oxygen in deadly second Covid wave. TSB Bank will close 164 branches across the country this year and in 2021, including two in Lincolnshire. TSB currently has 540 branches, with 15 per cent now due to close over the course of 2020. The branches at West Street in Long Sutton, Spalding and on Roman Bank in Skegness will close some time in 2021 – see the full list here. READ MORE: TSB to close 82 branches in 2020 as part of £100m cost-cutting plan. TSB is set to close 164 branches and reduce its headcount by around 900 people as it follows its customers, who are increasingly banking online. There will be only 290 branches lest after 164 close. The branches affected, and the month of closure in 2020, are: .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}TSB to close 82 branches next year to cut costs, TSB payments delay to customers 'resolved', Republicans seek delay 'to give Trump fair trial'. TSB has announced which of its branches will close in 2020 ... continue to have a national branch network in Britain, with 65 per cent of the population living within four miles of a TSB branch. TSB to close 82 branches next year to cut costs, Brazil runs out of oxygen in deadly second Covid wave. VideoThe vehicle that got a village smiling, Verdict for tycoon in historic mine corruption trial, BBC Worklife: Why code-switching is different now. Three Shropshire TSB branches to close By John Corser Telford Business Published: Oct 1, 2020 TSB branches in Albrighton, Church Stretton and Ellesmere are to close … Earlier this week, .css-1xgj2ad-InlineLink:link{color:#3F3F42;}.css-1xgj2ad-InlineLink:visited{color:#696969;}.css-1xgj2ad-InlineLink:link,.css-1xgj2ad-InlineLink:visited{font-weight:700;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-1xgj2ad-InlineLink:link:hover,.css-1xgj2ad-InlineLink:visited:hover,.css-1xgj2ad-InlineLink:link:focus,.css-1xgj2ad-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-1xgj2ad-InlineLink:link,.css-1xgj2ad-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-decoration-thickness:1px;text-decoration-thickness:1px;-webkit-text-decoration-skip-ink:none;text-decoration-skip-ink:none;text-underline-offset:0.25em;}.css-1xgj2ad-InlineLink:link:hover,.css-1xgj2ad-InlineLink:visited:hover,.css-1xgj2ad-InlineLink:link:focus,.css-1xgj2ad-InlineLink:visited:focus{-webkit-text-decoration-color:currentcolor;text-decoration-color:currentcolor;-webkit-text-decoration-thickness:2px;text-decoration-thickness:2px;color:#B80000;}}the bank announced there would be closures as part of a plan by new chief executive Debbie Crosbie to make £100m of cost cuts by 2022. TSB has announced plans to shut branches over the next year alongside around 900 job losses. The bank said this week that it would invest in self-service machines in branches, and in its flagship branches, which it said would be the “right locations to meet customer demand”. TSB Bank closures: 164 branches closing across the UK - full list TSB Bank closures are sweeping across the UK. Video, Iran's leader tweets attack threat to golfer Trump, Senegalese student sorry after vanishing in France, Trump 'prank-called by Piers Morgan impersonator', Anger at Margaret Court's Order of Australia award, QAnon in disarray after Biden inauguration, Russia detains Navalny aides as protests go viral, Retailers warn they could burn goods stuck in EU. TSB said usage had fallen by 17% in the past two years alone. It will leave TSB with 290 branches, more than … In February 2020, HSBC confirmed they were closing 27 branches during 2020, while Virgin Money announced a consolidation and closure programme of Clydesdale and Yorkshire banks in the same month. It said it would offer help to customers and staff affected by the move. Its total of 82 branches is ahead of both second-placed Barclays (59 closures) and HSBC (28). The Bank’s branch in Jubilee Crescent, Coventry, will close its doors before the end of the year on 17 November 2020. ... Over the course of 2020, its branch network would be reduced from its current total of 540 to 454, it said. READ MORE: TSB to close 82 branches in 2020 as part of £100m cost-cutting plan. No branches have been named as earmarked for closure yet but will be named later this week once branch staff have been notified. Find out more about how we use your information in our Privacy Policy and Cookie Policy. During these times, our 24-hour services will be available: Online Banking , Mobile Banking , ATM , and The Bank Line by calling 888-292-5324 . Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. What happens to your body in extreme heat? This means that the firm’s other Lincolnshire branches, including on Lincoln High Street, are safe. Nearly 1,000 jobs are going at TSB (Picture: Rex) TSB has announced that it will be closing 164 of its high street bank branches in a move that will see around 900 jobs lost. TSB said job cuts are part of its restructuring plan, along with closing of bank branches. TSB will close 164 of its branches and cut 960 jobs, blaming "a significant shift in customer behaviour" as more customers bank online. 2021 Holiday Closings Important Phone Numbers The following is a list of the days in 2021 that our Branches and Operations will be closed. The bank is also axing 969 roles from branches, mortgages, and customer service teams. .css-14iz86j-BoldText{font-weight:bold;}TSB has announced the 82 branches it plans to close in 2020, with much of the country affected. TSB has announced the 82 branches it plans to close in 2020, with much of the country affected. The bank said that 370 positions would be hit by the closures. TSB have published a full list of stores set for closure as part of a plan to £100m of cost cuts by 2022. At the end of 2020, TSB will have a network of 454 branches. About 80 branches are closed or are due to close this year (see the TSB website here), while those listed below are shutting in 2021. TSB is to cut around 300 jobs in Scotland and close 73 branches north of the border next year as part of wider cuts across the high street bank. The Low Pavement branch in Nottingham city centre will then close on May 20. Yahoo is part of Verizon Media. Updated: 30 Sep 2020, 17:25; TSB is closing 164 branches, around a third of its banks - check the list below to see if your nearest is shutting. Newcastle Upon Tyne - Chillingham Road (September). Closures in 2020 A number of TSB closures have occurred throughout the year. In addition, the bank said that it had twice as many branches per 10,000 customers than its competitors. TSB has announced plans to shut branches over the next year alongside around 900 job losses. The BBC is not responsible for the content of external sites. Read about our approach to external linking. .css-1ty7601-HeadlineContainer{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;width:100%;font-size:1rem;line-height:1.375rem;}.css-ftbx47-Heading{width:100%;}Iran's leader tweets attack threat to golfer Trump.css-2nuv1h-Rank{font-size:1.5rem;line-height:1.75rem;font-weight:normal;padding-left:0.75rem;color:#B80000;}@media (min-width:37.5rem){.css-2nuv1h-Rank{font-size:2rem;line-height:2.25rem;}}1, Republicans seek delay 'to give Trump fair trial'2, Google threatens to pull search engine in Australia3, Senegalese student sorry after vanishing in France4, Trump 'prank-called by Piers Morgan impersonator'5, Anger at Margaret Court's Order of Australia award6, QAnon in disarray after Biden inauguration7, Russia detains Navalny aides as protests go viral8, Retailers warn they could burn goods stuck in EU9, Police break up 400-person wedding party10. TSB plans to close 82 branches “in response to changing customer behaviour”. You can change your choices at any time by visiting Your Privacy Controls. Due to unforeseen circumstances, the following branches are temporarily closed: Brighton Western Road, Eltham, Greenford, Putney, West End, Port Glasgow, Stranraer. They currently operate 135 branches across Scotland, with 73 of them set to be shut by the end of next year. TSB has announced it plans to close 17 of its branches across the north and north-east. © 2021 BBC. Earlier this week, the bank announced there would be closures as part of a … This is an unenviable accolade for a bank that had already announced the most closures for 2020. These are the TSB branches that have been earmarked for permanent closures, and the dates that it will happen. VideoBrazil runs out of oxygen in deadly second Covid wave, 'Only our generation can heal America' Video'Only our generation can heal America', ‘The painful call that helped me break free from my mum’. Robin Bulloch, customer banking director at TSB, said: "We will fully support customers through this transition. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. TSB has published the full list of 164 branches that will be closed by the end of next year as part of its three-year restructure programme. Bank announces 15% of branches to close next year as part of plan to reshape their banking operations. Across the UK, the Spanish-owned bank will cut around 900 jobs and close 164 branches. To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. 26 November 2019. TSB has today announced it will close 164 branches across the UK, making 900 staff redundant, as the Bank continues to implement a three-year transformation strategy. TSB to close 80 branches in 2020 as part of £100m cost-cutting plan. ... 10 August 2020. TSB is closing 164 branches, with the loss of more than 900 jobs. .css-1xgx53b-Link{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:700;-webkit-text-decoration:none;text-decoration:none;color:#FFFFFF;}.css-1xgx53b-Link:hover,.css-1xgx53b-Link:focus{-webkit-text-decoration:underline;text-decoration:underline;}Read about our approach to external linking. The full list of TSB branches closing in 2021 - Chillingham Road ( September ) the vehicle that got a village smiling closing. 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