UK closing more traditional banks in favor of mobile banking

More customers are using online or mobile banking, instead of going into a branch (Image: GETTY)

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • 80 bank branches closing this month including Lloyds, Halifax, NatWest and more- full list
  • With customer demand for traditional bank counter services falling as more people use online and mobile banking nowadays, several banks are closing branches across the UK.
  • Back in March, the consumer group Which? said UK banks and building societies had closed, or announced the closure of, 5,498 branches since January 2015, at a rate of about 54 each month.
  • This month, 80 UK bank branches are set to close – including branches from NatWest, HSBC and Barclays.

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