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2w ago

UK Banks to Close 85 Branches in June as Digital Banking Expands

Major lenders, including NatWest and Santander, will shutter branches next month, bringing 2025's closure total to 240, with shared hubs and ATMs expanding to maintain access.

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Overview

  • NatWest, Santander, Lloyds, Halifax, Bank of Scotland, and TSB will close 85 branches in June 2025, continuing the shift toward digital banking.
  • By the end of June, the total number of UK bank branch closures this year will reach 240, with additional closures planned for July and August.
  • Since February 2022, 1,879 branches have closed or announced closures under a voluntary agreement to assess impacts on communities.
  • The Financial Conduct Authority reports that 9.7 million people visit bank branches monthly, while 3.3 million have not used online banking in the past year.
  • Shared banking hubs, free ATMs, and community banker services are being expanded to address financial inclusion concerns, especially in areas losing their last local branches.