NatWest confirms 43 of its branches will close next year

BBC caller worried he's going to lose his house to the bank

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NatWest has confirmed its latest move in transitioning its banking operations to a more online model. This involves the closure of 43 of its branches, however only six jobs are expected to be cut as part of the decision. In the last year, multiple banks and building societies have shut down high street branches in an attempt to move to more online banking.

A NatWest spokesperson said: “As with many industries, most of our customers are shifting to mobile and online banking, because it is faster and easier for people to manage their financial lives.

“We understand and recognise that digital solutions aren’t right for everyone or every situation, and that when we close branches we have to make sure that no-one is left behind.

“We take our responsibility seriously to support the people who face challenges in moving online, so we are investing to provide them with support and alternatives that work for them.”

These closures are due to take place across the country sometime between January and March of 2023.

More to follow…

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