TSB to shut 36 branches and cut hundreds of jobs as full list of closures announced | Business News
High street bank TSB has announced 250 job losses and the closure of 36 branches. The job cuts will be in the fraud operations department of the bank, central operations and staff who work at the branches earmarked for closure. Trade union Unite said the decision was a “grave mistake” and customers would “undoubtedly suffer a downgrade in service from these job cuts”. Money latest: Tea brand spends £12m on ad but poll suggests Britons prefer rival The latest round of branch closures will start in September, and continue through to May next year. TSB will have 175 branches across the UK after the latest round of closures. Ten branches have already been closed over the last year. The branches to be closed in September are in:AlloaBedworthBirmingham, Pype HayesBridlingtonBuxtonCarmarthenCwmbranDovercourtEdinburgh, LeithFelixstoweFromeGlasgow, CardonaldGlasgow, CastlemilkHaddingtonHounslowLerwickLevenLondon, Bethnal GreenLondon, ClaphamLongtonManchester, MiddletonNewcastle upon TynePeterheadSheernessStornowayTorquayWhitehaven The branches due to be closed in May 2025 are in:AmbleAylshamBanffBedlingtonBudeCrookFlintTenbury WellsWhitchurch The closures come as the lender said most account holders do their banking online and there is a need to “better balance” staff in face-to-face …