First Halifax, now TSB? Why are banks disappearing?

The sheer scale of bank branch closures has caused concern inside government. And with one - maybe two - high street brands set to disappear from the high street, is the situation going to get even worse?

In this episode, Which? senior data journalist Josh Wilson crunches the numbers to reveal the stark reality of high street banking in 2026: 69% of the nation’s physical banking network has been lost since January 2015.

Josh explains why banks keep closing branches, and what an official government review into accessing face-to-face banking services could reveal.

Plus, Which? senior researcher Faye Lipson details what Halifax customers need to know as the brand is set to disappear from the UK, and why TSB customers should be aware that the pioneering brand could vanish too.

Read more about bank branch closures and the government review on our website & sign up for our free weekly Money newsletter

Find out more about what the Halifax brand axing means for you & what could happen to TSB

Read our reviews of the best banks and bank accounts

Get in touch with us via email - [email protected]

Podcast listeners can get 50% off an annual Which? membership

Become a Which? Money member to access 1-to-1 guidance and receive the Money magazine