HomeTalentRBS to close 54 branches resulting in 258 job loses

RBS to close 54 branches resulting in 258 job loses

  • 2 Min Read

RBS is preparing to close 54 branches in England and Wales, putting 258 staff out of work.

Featured Image

The Royal Bank of Scotland (RBS), which is 62% taxpayer-owned after its 2008 bailout, has announced 603 branch closures since March 2017. RBS previously blamed the move from mobile and online banking for closures.

This decision follows plans announced in May to close 62 branches across England and Wales, with the loss of around 792 jobs.

RBS said that the latest closures were linked to its decision not to sell its Williams & Glyn business.

A spokesman at RBS said: “As we are no longer launching Williams & Glyn as a challenger bank we now have two branch networks operating in close proximity to each other in England and Wales – NatWest and Royal Bank of Scotland.

“As a result we have reviewed our overall branch footprint in England and Wales and have made the difficult decision to close 54 Royal Bank of Scotland branches. Customers of Royal Bank of Scotland in England and Wales will be able to use NatWest branches and local post offices for their everyday banking needs.”

Rob MacGregor, of union Unite, said: “This announcement heaps further misery on communities across England and Wales that have already seen the demise of local banking services as branches that were signposted by the bank earlier in 2018 as an alternative for customers whose branches were closing, now suffering a similar fate.”

Locations of the latest RBS branch closures are:

  • Kensington High Street
  • Enfield
  • Watford
  • Kingston Upon Thames
  • London Notting Hill Gate
  • Eastbourne
  • Wolverhampton
  • Swansea
  • Belper
  • Cardiff Roath
  • Prestatyn
  • Basildon
  • Ipswich
  • Bournemouth
  • Congleton
  • Swallownest
  • Matlock
  • Ashbourne
  • Darlington
  • Chapel-en-le-Frith
  • Pemberton
  • Leigh
  • Manchester Droylsden
  • Bamber Bridge
  • Dronfield
  • Hindley
  • Radcliffe
  • Buxton High Street
  • Bolton Harwood
  • Poulton-le-Fylde
  • Altrincham
  • Formby
  • Sheffield Ecclesfield
  • Romiley
  • Shaw
  • South Elmsall
  • Fleetwood
  • Atherton
  • Marple
  • Hazel Grove
  • Prescot
  • Standish
  • Partington
  • Burscough Bridge
  • Kirkham
  • Ramsbottom
  • Hathersage
  • Parbold
  • Adlington
  • Maghull
  • Croston
  • Disley
Was this article helpful?

Subscribe to get your daily business insights

Related Articles

Can AI help to unveil hidden talent?

Finding the ideal candidate is like searching for a needle in a haystack - an exhausting and often fruitless effort for recruiters in today's...

  • HRD Connect
  • Feb 1, 2024

Future skills planning: Unlocking success with talent assessments

Future skills planning should be a top priority for talent professionals and leaders across all organizations. We work with clients that are...

  • Aon
  • Jan 31, 2024

Future skills planning: Unlocking success with talent assessments by Aon

30-second summary Identifying the skills needed now and in the future, incorporating future skills in workforce planning, and prioritizing...

  • Aon
  • Jan 31, 2024

eBay becomes latest giant to cut jobs amid consumer downturn

E-commerce giant eBay has revealed plans to cut approximately 1,000 jobs, representing around 9% of its full-time workforce. The move, which also...

  • HRD Connect
  • Jan 26, 2024

How to prevent salary 'springboarders' from bouncing away

In the current competitive job market, many businesses are finding themselves in a predicament. They invest in hiring and training new employees,...

  • HRD Connect
  • Jan 23, 2024

HR teams need better talent assessments to promote workplace culture in 2024

Culture can be both powerful and unifying. A company can attract and retain talent more effectively when its people feel aligned to the mission,...

  • Aon
  • Jan 17, 2024

Round and around we go: Crafting successful 360-degree feedback loops

360-degree feedback has become a cornerstone of employee development in many organizations. This multi-source feedback system involves gathering...

  • HRD Connect
  • Jan 12, 2024

HR teams need better talent assessments to promote workplace culture in 2024 by Aon

30-second summary Developing a people strategy framework that aligns with the organization's values and future goals is crucial. This includes...

  • Aon
  • Jan 11, 2024


HRD Roundtable: Combating 'Quiet Quitting'…

08 June 2023
  • E-Book
  • May 12, 2023

HRD Network Roundtable: The Retention…

15 June 2023
  • E-Book
  • May 12, 2023

Manage change and drive value…

01 June 2023
  • E-Book
  • May 12, 2023
Sign up to our Newsletter