Banks have shut more than one in three of their UK branches over the past five years and plan to axe more than a hundred more this year as they pull back from the high street and try to bolster their digital offerings.
This isn’t simply about doors closing or cost-cutting . . . it’s a clear signal that high street banks are reshaping their operating models, doubling down on digital as online banking becomes second nature...
https://www.ft.com/content/f9c9fe14-ac20-42e4-986b-b48a37dc55b1
