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UK banks have closed more than one in three branches over past five years

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...