Banks: Closures

(asked on 5th December 2023) - View Source

Question to the HM Treasury:

To ask His Majesty's Government how many branches of (1) Barclays, (2) NatWest, (3) Lloyds Bank, and (4) HSBC, in the UK have closed in 2023 so far; and what were the corresponding figures for 2022.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 19th December 2023

The Government does not make assessments of bank branch closures. However, in the event of a closure of a core cash service, for example a bank branch, LINK provides an assessment of a community’s cash access needs. It keeps an updated record of these assessments on its website as part of its overview of branch closures announced by banks since January 2022, alongside any banking hubs or deposit services recommended.

Decisions on opening and closing branches are taken by the management team of each bank on a commercial basis, with which the Government does not interfere.

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