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. TSB to close 82 branches next year to cut costs, Brazil runs out of oxygen in deadly second Covid wave. TSB has announced the 82 branches it plans to close in 2020, with much of the country affected. The bank is also axing 969 roles from branches, mortgages, and customer service teams. 2021 Holiday Closings Important Phone Numbers The following is a list of the days in 2021 that our Branches and Operations will be closed. It said it would offer help to customers and staff affected by the move. © 2021 BBC. TSB closing 86 bank branches in 2020 By Lucy Brown. Why are TSB closing 82 branches? "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.". Yahoo is part of Verizon Media. Earlier this week, the bank announced there would be closures as part of a … Robin Bulloch, customer banking director at TSB, said: "We will fully support customers through this transition. 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. 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. The bank is repositioning itself following its IT crisis last year, which affected 1.9 million customers. TSB currently has 540 branches, with 15 per cent now due to close over the course of 2020. They currently operate 135 branches across Scotland, with 73 of them set to be shut by the end of next year. What happens to your body in extreme heat? Here are the 164 branches across the UK earmarked for closure and the dates they will close, according to the bank. ... 10 August 2020. Cutting back: TSB boss Debbie Crosbie plans to axe 164 branches, while 56 closures that Lloyds had earmarked for 2020 will begin in … 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. Newcastle Upon Tyne - Chillingham Road (September). 26 November 2019. TSB has announced plans to shut branches over the next year alongside around 900 job losses. This is an unenviable accolade for a bank that had already announced the most closures for 2020. TSB is closing 164 branches, with the loss of more than 900 jobs. 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. .css-14iz86j-BoldText{font-weight:bold;}TSB has announced the 82 branches it plans to close in 2020, with much of the country affected. 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. 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 … Weekly quiz: What was the inauguration poem called? At the end of 2020, TSB will have a network of 454 branches. In addition, the bank said that it had twice as many branches per 10,000 customers than its competitors. READ MORE: TSB to close 82 branches in 2020 as part of £100m cost-cutting plan. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. 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 Bank closures: 164 branches closing across the UK - full list TSB Bank closures are sweeping across the UK. 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. Closures in 2020 A number of TSB closures have occurred throughout the year. TSB closures: the full list of 82 bank branches closing around the UK in 2020 ⌕ No branches have been named as earmarked for closure yet but will be named later this week once branch staff have been notified. 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. TSB have published a full list of stores set for closure as part of a plan to £100m of cost cuts by 2022. TSB to close 80 branches in 2020 as part of £100m cost-cutting plan. 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. How many bank branches are closing? Read about our approach to external linking. The Low Pavement branch in Nottingham city centre will then close on May 20. As more and more customers switch to using digital banking methods, banks face economic pressure to keep less frequently used branches open. 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. The bank said that 370 positions would be hit by the closures. There will be only 290 branches lest after 164 close. TSB will close 164 of its branches and cut 960 jobs, blaming "a significant shift in customer behaviour" as more customers bank online. Bank announces 15% of branches to close next year as part of plan to reshape their banking operations. READ MORE: TSB to close 82 branches in 2020 as part of £100m cost-cutting plan. 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’. TSB Bank will close 164 branches across the country this year and in 2021, including two in Lincolnshire. This means that the firm’s other Lincolnshire branches, including on Lincoln High Street, are safe. 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 said job cuts are part of its restructuring plan, along with closing of bank branches. 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 has announced plans to shut branches over the next year alongside around 900 job losses. Its total of 82 branches is ahead of both second-placed Barclays (59 closures) and HSBC (28). .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. In January, Santander announced it would close 140 of its 754 branches, while consumer group Which? The full list of TSB branches closing in 2021 The BBC is not responsible for the content of external sites. Africa's long wait for the Covid-19 vaccine, The vehicle that got a village smiling. 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 said usage had fallen by 17% in the past two years alone. ... Over the course of 2020, its branch network would be reduced from its current total of 540 to 454, it said. During these times, our 24-hour services will be available: Online Banking , Mobile Banking , ATM , and The Bank Line by calling 888-292-5324 . 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. The closure of around a third of its national network comes amid a drop in the number of customers using branches and a significant… 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. 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. VideoThe vehicle that got a village smiling, Verdict for tycoon in historic mine corruption trial, BBC Worklife: Why code-switching is different now. Across the UK, the Spanish-owned bank will cut around 900 jobs and close 164 branches. 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. The Bank’s branch in Jubilee Crescent, Coventry, will close its doors before the end of the year on 17 November 2020. 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. These are the TSB branches that have been earmarked for permanent closures, and the dates that it will happen. 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. TSB has announced it plans to close 17 of its branches across the north and north-east. The closures will see the Spanish bank’s total number drop from 540 to 454 in order to save £100m by 2022. Due to unforeseen circumstances, the following branches are temporarily closed: Brighton Western Road, Eltham, Greenford, Putney, West End, Port Glasgow, Stranraer. Members of the ex-president's party say he deserves "a full and fair process that respects his rights". 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. .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. It will leave TSB with 290 branches, more than … Photo: Getty. Find out more about how we use your information in our Privacy Policy and Cookie Policy. You can change your choices at any time by visiting your Privacy.. Will close, according to the bank is repositioning itself following its it last. `` we will fully support customers through this transition is ahead of second-placed... And the dates they will close, according to the bank from 540 to 454 it! 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