Barclays issues update on future bank closures after shutting 1,236 branches
Barclays' boss, CS Venkatakrishnan, made the announcement at an annual general meeting last Wednesday, as data shows the lender has shut 1,236 sites in the last ten years
Barclays has promised not to announce any more bank branch closures in 2025 or 2026. Barclays ' boss, CS Venkatakrishnan, made the announcement at an annual general meeting last Wednesday.
He said: "We don't have any plans to announce further bank branch closures in 2025 or 2026." However, the bank could still close more branches beyond 2026. Chairman Nigel Higgins said: "We want to see how the current branch strategy plays out."
The high street bank has closed 1,236 sites over the past ten years, according to data from Which? magazine. Barclays has already shut 14 bank branches in 2025.
If you're a Barclays customer and you're worried about closures, you do have several options. You can check if Barclays has a "mobile branch" near you.
The bank also has 200 pop-up banking sites, located in spaces such as community centres, libraries and business hubs. However, these don't have cash or counter services.
You can do some basic cash or counter services at your nearest Post Office, for example, paying in cash and cheques and making withdrawals.
It comes after Barclays lowered the interest rate on its Rainy Day Saver account. The interest rate has now dropped from 4.87% to 4.61%.
It marks the second time Barclays has cut savings rates in the last four months. It previously offered a rate of 5.12% for its Rainy Day Saver but this was cut by the bank in February.
Barclays has also started paying out compensation to customers who were affected by a major outage earlier this year. Thousands of people were left unable to make and receive payments at the end of January following a glitch that lasted several days.
Barclays previously confirmed that if you were left out of pocket due to the glitch, it would compensate you - for example, if you couldn't pay a bill and were hit with late payments.
A spokesperson from Barclays says it is using its own records to try and identify customers that may have been impacted, and says it is prioritising those who are considered vulnerable.
You may be contacted by the bank to provide more information. Customers can also raise a complaint directly with Barclays. The number to call is 0800 282 390 from the UK, or +44 (0)207 116 7488 from abroad.
Full list of Barclays that have shut in 2025
Sheringham
Borehamwood
Leiston
South Woodford
Farnham
Whitby
Tredegar
Ystrad Mynach
Cockermouth
Pickering
St Neots
London - West End
Willesden Green
Barnard Castle
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