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Retail & Consumer

The full list of 82 TSB branches set to close next year in high street bank's bid to save £100m

TSB said it would try to find new roles for the hundreds of staff members affected

TSB planning closures in 2020(Image: PA)

High street bank TSB has announced the 82 branches it is set to axe next year as it automates roles in a bid to save £100m by 2022.

The business is cutting back on branches in a bid to boost profits, saying earlier this week that closures are expected to affect hundreds of members of staff across the country.

The bank said that while it was cutting back, it will now invest in its digital operations while customers move towards expecting self-service.

Announcing the closures on Monday, chief executive Debbie Crosbie said TSB would try to find new roles within the group for the 370 staff members thought to be affected.

The firm has today listed the branches, which are mostly older banks in less busy areas, that are set to close and when.

TSB chief executive Debbie Crosbie said difficult decisions are being made

Robin Bulloch, Customer Banking Director at TSB, pledged to fully support customers through the transition.

He added: "We realise this is difficult news for our branch partners and will do everything to support those affected to offer voluntary redundancies and redeploy as many people as we can to other roles."

TSB stressed that it had twice the number of branches per 10,000 customers in 2018 than the º£½ÇÊÓÆµ average.