Why is Santander closing 44 UK branches?

Santander is closing 44 UK branches because of a rise in digital banking usage and as part of its preparations for the £2.6bn takeover of TSB.

How many jobs are at risk due to Santander's branch closures?

Nearly 300 jobs are at risk as Santander closes 44 of its UK bank branches.

When will the Santander branches be closing?

The majority of the 44 Santander branches are scheduled to close in April and May of 2026.

Home / Business and Economy / Santander Shuts 44 UK Branches, Jobs at Risk

Santander Shuts 44 UK Branches, Jobs at Risk

29 Jan

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Summary

Santander is closing 44 UK branches, affecting 291 jobs.
Rise in digital banking drives the decision to close sites.
Closures coincide with Santander's £2.6bn takeover of TSB.

Santander Shuts 44 UK Branches, Jobs at Risk

Santander is set to close 44 of its UK bank branches by April and May 2026, impacting approximately 291 branch-based employees. This move is attributed to a significant rise in customers utilizing mobile and online banking services.

The closures represent more than 12% of Santander's current UK branch network, reducing its total to 305 sites. Of these, only 244 will continue to offer a full range of services.

This strategic reduction in physical presence is occurring as Santander finalizes its £2.6bn acquisition of TSB. The takeover is anticipated to create the UK's third-largest bank by personal current account deposits, following Lloyds and NatWest.

Santander will consult with unions regarding the job impacts and will assist potentially vulnerable customers impacted by the branch closures. The bank is awaiting regulatory approval for the TSB takeover, which must be secured before any operational changes related to the deal can be implemented.

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