Mapped: The 95 Santander branches set to close across the UK

Banking large Santander has introduced it would shut 95 branches throughout the UK, with 750 jobs vulnerable to redundancy.

The high street lender confirmed sweeping adjustments throughout its community which embody the closure of the branches over the summer time, chopping hours at 36 websites and switching 18 to be counter-free.

Santander mentioned it is going to be left with 349 branches after the overhaul, which is able to embody 290 full-service websites in addition to 5 so-called “work cafes” or co-working areas.

The adjustments will put about 750 jobs in danger – greater than 4 per cent of Santander’s 18,000-strong UK workforce – if the plans get the go-ahead after consultations with unions, the financial institution mentioned.

Nearly all of the deliberate redundancies are associated to the department closures, however about 12 per cent of the cuts relate to the reduced-hours proposals.

The adjustments are available response to prospects more and more switching to online banking, with a 63 per cent surge in digital transactions since 2019, whereas department transactions have slumped by 61 per cent in that point, in accordance with the agency.

A Santander spokesperson mentioned: “As buyer behaviour adjustments, we’re making certain that our branches stay match for the longer term.

“Our new mixture of full-service branches, alongside work cafes, counter-free branches and reduced-hours branches, goals to offer the precise stability between digital banking and face-to-face cash administration and steerage.

“Closing a department is at all times a really troublesome resolution and we spend quite a lot of time assessing the place and once we do that and find out how to minimise the impression it might have on our prospects.”

Right here is the total listing of closures: