HSBC to shut a quarter of branches as more bank onlineon November 30, 2022 at 3:37 pm

HSBC says it will close 114 branches in UK from April, as customers using them have fallen significantly since pandemic.

The bank will try to redeploy affected staff, but said about 100 people would lose their jobs.

Banks have closed hundreds of branches in recent years as more people bank online and lenders cut costs.

HSBC said it will invest tens of millions “updating and improving” its remaining 327 UK branches.