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The scale and pace of bank branch closures over the past decade has been unprecedented. Once the heart of thriving communities, building societies and banks are rapidly becoming a thing of the past in hundreds of towns and villages. According to a Which analysis, almost 4,300 physical bank branches have closed since the beginning of
The branch has played an important role both for providers and customers over many years. The closure of branches always generates discussion and debate, but footfall has been falling for a number of years. Customers – consumers and businesses alike – may like to know that they are there but they do not actually visit