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Stamford and Oakham Barclays branches to close | News

Stamford and Oakham Barclays branches to close |  News
Stamford and Oakham Barclays branches to close |  News

Barclays has announced more store closures due to lack of footfall

This Oakham branch of Barclays bank will close in April 2023 after the company announced a number of closures in January

Author: Sam PidouxPublished on January 28, 2023
Last updated on January 30, 2023

Barclays announced on Saturday 28 January that it will close its stores in Stamford and Oakham at the end of April.

The company said visitor numbers are the main reason for the company’s announcement.

Earlier in January, the High Street Bank announced it would close a further 15 branches across the country.

The announcement comes days after NatWest said it is closing 23 branches.

Other banks announcing branch closures include Lloyds Banking Group, which said it would close 40 Halifax and Lloyds branches in the UK.

The number of people using online banking has increased since the pandemic and in-branch football continues to decline.

This means a total of 103 bank branches on the High Street have closed this year.

Barclays stores to close:

  • Gosport-43/44 High Street-26 April
  • Bedale-18a Noordeinde – April 26
  • Bridgwater-16 High Street-26th April
  • Heywood-2 Church Street-April 28
  • Stamford-46/49 Broad Street-April 28
  • Oakham-10 High Street-April 28
  • Wymondham-45 Market Street-28 April
  • London-19 Fleet Street-3 May
  • Watton-56 High Street – May 3
  • Chislehurst-7 High Street-4 May
  • St Helens-19 Church Street-4 May
  • Radlett 221 Watling Street-5 May
  • Leyburn Marketplace – May 5
  • Talbot Green- 3 Ely Valley Road-5 May
  • Oundle-2 New Street-5 May

A spokesperson for Barclays said: “Our customers’ behavior has changed significantly in recent years, with the majority now choosing online banking. This is reflected in the Stamford and Oakham branches, and as we adapt we are finding new ways to support our customers by maintaining our community presence with options for customers who still need personalized support.”

“In Stamford and Oakham we plan to open a Barclays Local – a cashless pop-up banking site where customers can meet a colleague face-to-face for banking support, as they would in a branch and without having to to travel. We are currently working with local communities to find a suitable location and will announce details as soon as they are confirmed.”