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Major bank to shut 95 branches on British high street with 750 jobs at risk after 'difficult decision'

About 750 jobs are at risk of redundancy at a major British bank which has announced another 95 branch closures and sweeping changes across its network.



Santander UK will close 95 branches in June, putting 750 jobs at risk, due to a surge in online banking and a decline in branch transactions. The bank will retain 349 branches with a mix of full-service, counter-free, and reduced-hour options. Santander plans to recruit new community bankers and redeploy affected workers where possible. The closures follow similar moves by other banks and a trend of over 6,000 branch closures in the UK since 2015.

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