TSB to close 36 branches and cut hundreds of jobs

May 08, 2024

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 by the UK high street lender was a "grave mistake".

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.

Branches to be close in September 2024 are in:
Alloa
Bedworth
Birmingham, Pype Hayes
Bridlington
Buxton
Carmarthen
Cwmbran
Dovercourt
Edinburgh, Leith
Felixstowe
Frome
Glasgow, Cardonald
Glasgow, Castlemilk
Haddington
Hounslow
Lerwick
Leven
London, Bethnal Green
London, Clapham
Longton
Manchester, Middleton
Newcastle Upon Tyne, Milvain
Peterhead
Sheerness
Stornoway
Torquay
Whitehaven

A TSB Spokesperson said:

"The decision to close a branch is never taken lightly, but our customers are now doing most of their banking digitally and we need to move to a better balance of digital and face-to-face services.

"We remain committed to a national branch network and through innovation and integration with video, telephone, digital, branch and other face-to-face services TSB customers have more ways to bank with us than ever before."

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