SANTANDER is shutting 95 of its high street branches as part of a major shake-up.
The high street bank currently has 444 branches across the UK.
However it says it will be shutting a significant portion of these as well as making more of its branches counter-free and reduced-hours.
Santander said closing branches was a “difficult decision” but it wanted to ensure its business is “fit for the future”.
Major banks have been increasingly turning away from the high street as more people move to online banking.
Traditional bricks and mortar banks have also faced stiff competition from online-only challenger banks, which are often able to offer more favourable rates to customers due to their lower costs.
