HSBC has announced that it will be closing 114 branches across the United Kingdom, with three in the Newcastle area affected by the decision. The closures come after HSBC undertook a review of banking habits in an era where “customer habits continue to migrate from physical to digital banking.”
In a statement announcing the closures and post-closure care for those affected, HSBC UK’s Managing Director of UK Distribution Jackie Uhi said “People are changing the way they bank and footfall in many branches is at an all-time low, with no signs of it returning. Banking remotely is becoming the norm for the vast majority of us.
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“Not only can we do it anywhere at any time of day or night, many more things can be done at the customers’ convenience and don’t rely on a branch visit. The decision to close a branch is never easy or taken lightly, especially if we are the last branch in an area, so we’ve invested heavily in our ‘post closure’ strategy.”
The post closure strategy will consist of providing 1,500 free tablet devices to customers who have been selected by local branches who are unable to afford or have no access to equipment to help with digital banking.
These steps come after the 1,350 [email protected] training sessions, educating 10,750 customers and building knowledge and skills when it comes to digital banking; and over 200 community ‘pop up’ events in 2022, providing additional support to customers in areas where a branch may be closing, with over 350 planned in 2023.
“Our commitment to supporting the UK’s new banking hubs and other community access to cash initiatives under development remains steadfast and we look forward to significant and quicker progress being made in 2023,” Jackie Uhi added.
What HSBC branches will be affected in the Newcastle area?
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Only three HSBC branches in the Newcastle area will be affected by the closures, with the dates the branches officially cease trading below.
- Whitley Bay, 279 Whitley Rd, Whitley Bay NE26 2SW - May 2 2023
- South Shields, 21 Fowler St, South Shields NE33 1NW - June 13 2023
- Gosforth, 189-191 High St, Gosforth, Newcastle upon Tyne NE3 1HE - July 18 2023
Full UK list of HSBC branch closures
April 2023
- Blandford Forum - 18/04/2023
- Bristol Downend - 25/04/2023
- Bexhill on Sea - 18/04/2023
- Leominster - 25/04/2023
- Abergavenny - 18/04/2023
- Market Bosworth - 25/04/2023
- Cromer - 18/04/2023
- Alton - 25/04/2023
- St Ives - 18/04/2023
- Shaftesbury - 25/04/2023
- St Austell - 18/04/2023
May 2023
- Wilmslow - 02/05/2023
- Stamford - 16/05/2023
- Whitley Bay- 02/05/2023
- Whitby - 16/05/2023
- Coleraine - 02/05/2023
- Bridport - 23/05/2023
- Bideford - 02/05/2023
- Hove - 23/05/2023
- Gainsborough - 02/05/2023
- Fakenham - 23/05/2023
- Launceston - 02/05/2023
- Sudbury - 23/05/2023
- Arnold - 09/05/2023
- Liskeard - 23/05/2023
- Didcot - 09/05/2023
- Bristol Filton - 30/05/2023
- Brecon - 09/05/2023
- Dundee - 30/05/2023
- Minehead - 09/05/2023
- Waltham Cross - 30/05/2023
- Dover - 09/05/2023
- Hinckley Road - 30/05/2023
- Halesowen - 16/05/2023
- Market Harborough - 30/05/2023
- Stroud - 16/05/2023
- Stourport on Severn - 30/05/2023
- Brighouse - 16/05/2023
June 2023
- Stirling - 06/06/2023
- Twickenham - 20/06/2023
- Pocklington - 06/06/2023
- Ross on Wye - 20/06/2023
- Chepstow - 06/06/2023
- Hertford - 20/06/2023
- Knutsford - 06/06/2023
- Wells - 20/06/2023
- Frome - 06/06/2023
- Bicester - 20/06/2023
- Portadown - 06/06/2023
- Oakham - 20/06/2023
- Penarth - 13/06/2023
- New Milton - 27/06/2023
- Ilkley - 13/06/2023
- Lewes - 27/06/2023
- South Shields - 13/06/2023
- Pontypool - 27/06/2023
- Skipton - 13/06/2023
- Beccles - 27/06/2023
- Honiton - 13/06/2023
- St Neots - 27/06/2023
- Sleaford - 13/06/2023
- Wadebridge - 27/06/2023
July 2023
- Portishead - 04/07/2023
- Horsforth - 18/07/2023
- Droitwich - 04/07/2023
- Gosforth - 18/07/2023
- Leatherhead - 04/07/2023
- Harpenden - 18/07/2023
- Palmers Green - 04/07/2023
- Bognor Regis - 18/07/2023
- Coalville - 04/07/2023
- Marlow - 18/07/2023
- Park Gate Southampton - 11/07/2023
- Christchurch - 25/07/2023
- Wetherby - 11/07/2023
- Seaford - 25/07/2023
- Port Talbot - 11/07/2023
- Blackwood 25/07/2023
- Kingswinford - 11/07/2023
- Norwich Mile Cross - 25/07/2023
- Long Eaton - 11/07/2023
- Ripley - 25/07/2023
- Bromborough - 18/07/2023
- Tonbridge - 25/07/2023
August 2023
- Bristol Westbury on Trym - 01/08/2023
- Bethnal Green - 15/08/2023
- Ormskirk - 01/08/2023
- Hornchurch - 15/08/2023
- Putney - 01/08/2023
- Colwyn Bay - 15/08/2023
- Ashton under Lyne - 01/08/2023
- Dorchester - 22/08/2023
- Kenilworth - 01/08/2023
- Morley - 22/08/2023
- Reigate - 08/08/2023
- Wymondham - 22/08/2023
- North Finchley - 08/08/2023
- Ryde - 22/08/2023
- Cirencester - 08/08/2023
- Windsor - 22/08/2023
- Henley on Thames - 08/08/2023
- Cardiff Rhyd y Penau - 29/08/2023
- Denbigh - 08/08/2023
- Leighton Buzzard - 29/08/2023
- 122 Finchley Road - 15/08/2023
- Eastwood - 29/08/2023
- Chippenham - 15/08/2023
HSBC has also confirmed a select few branches that will shut down, but do not have an official date of closure yet. They are as follows:
- Oxted
- Hythe
- Epworth
- Cowbridge
- Holsworthy
- Settle
- Tenby