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Business & Finance

HSBC to axe 82 branches in UK this year as footfall drops

  • The lender said it would be left with 511 branches in the UK following the closures, with many of the remaining branches set to be refurbished.
Published January 19, 2021 Updated January 19, 2021 05:42pm
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By Reuters
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LONDON: HSBC said on Tuesday it planned to axe 82 branches in Britain this year after a fall in footfall across its retail network and a surge in digital banking.

The lender said it would be left with 511 branches in the UK following the closures, with many of the remaining branches set to be refurbished.

HSBC digital banking

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