Santander Announces Further 44 UK Bank Branch Closures
Santander has confirmed plans to close 44 more of its bank branches across the United Kingdom, a move that puts approximately 291 jobs at risk. This decision marks another significant step in the bank's ongoing restructuring, driven by the accelerating shift towards digital banking services.
Digital Transformation Drives Closure Strategy
The bank cited a dramatic change in customer behaviour as the primary reason for these closures. According to Santander, an overwhelming 96 per cent of all transactions are now completed through online channels, making many physical branches increasingly redundant. This trend has been accelerating across the banking sector for several years, with Santander's latest announcement following 95 branch shutdowns announced in March 2025, which affected around 750 workers.
Community Banking Alternatives and Continued Investment
To mitigate the impact on local communities, Santander plans to introduce "community bankers" who will operate from Santander Local stores or shared banking hubs. This initiative aims to maintain a physical presence and provide face-to-face support in areas where full branches are no longer viable.
The bank has emphasised its commitment to continued investment in both its remaining branch network and its digital banking services. A Santander spokesperson stated that the institution is focused on supporting customers through multiple channels, ensuring that those who rely on in-person services still have access to banking support.
Broader Context and Industry Implications
This latest round of closures reflects broader trends within the UK banking industry, where traditional high street branches are becoming less economically sustainable. The move towards digital-first banking has been accelerated by changing consumer preferences, technological advancements, and cost pressures on financial institutions.
Santander's announcement comes at a time when many UK banks are reassessing their physical footprints, with similar closure programmes being implemented by other major banking groups. The bank has assured that affected staff will be offered support and redeployment opportunities where possible.
