Hundreds of jobs at risk as Santander plans branch closures

The Spanish banking giant is to close a further 95 branches in the UK putting hundreds of jobs at risk from June.

Santander have announced changes across their business and 750 jobs are at risk of redundancy and the bank will cut working hours across 36 branches.

Following the overhaul Santander will have 349 branches left.

A Santander UK spokesman said, “As customer behaviour changes, we are ensuring that our branches remain fit for the future.

“Our new combination of full-service branches, alongside work cafes, counter-free branches and reduced hours branches, aims to provide the right balance between digital banking and face-to-face money management and guidance.”

He added, “Closing a branch is always a very difficult decision and we spend a great deal of time assessing where and when we do this and how to minimise the impact it may have on our customers.”