Several Barclays branches in Buckinghamshire will close permanently this year.
The decision has come after the banking firm confirmed more of their customers are dealing with their finances online, and therefore, some branches are becoming used less.
In a statement, Barclays said: “Our branch network and the colleagues who work in them remain a vital part of what we offer our customers.
“Yet with customers visiting our branches less and less each year, we must constantly assess how and why our branches are used and make decisions based on that insight.
“There will be times when this means that we will make the difficult decision to close a branch.”
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The Buckinghamshire-based Barclays branches that will be closing this year are the following:
Click the town name to read the report of why each branch is closing
The Buckingham branch
The Chesham branch
Princes Risborough – March 25, 2021
The Princes Risborough branch
Thame (Oxfordshire) – July 2, 2021
The Thame branch
Stony Stratford, Aylesbury, and Flackwell Heath are other areas in Buckinghamshire that have had a Barclays branch close in recent years, with Gerrards Cross joining the list, as they had their outlet permanently shut in March of this year.
For every outlet, Barclays has issued a report of why that branch will be closing this year.
Each document, which is accessible for the public to read, explains the figures in great detail of how many customers who use those branches, are now primarily focusing on online banking.
What Greg Smith said on the matter
Really concerning to hear @Barclays are proposing to close branches in Buckingham and Princes Risborough. I get banking is changing, but there is still a clear need for branch services. Have demanded an urgent meeting with them to try and get them to see sense.
— Greg Smith MP (@gregsmith_uk) March 26, 2021
In all, more than 60 branches across the UK will get the axe before the end of March.
Following the news, Greg Smith, who is the MP for Buckingham, said: “Really concerning to hear @Barclays are proposing to close branches in Buckingham and Princes Risborough.
“I get banking is changing, but there is still a clear need for branch services.
Several branches will close this year (Dominic Lipinski/PA Wire)
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“Have demanded an urgent meeting with them to try and get them to see sense.”
Princes Risborough’s mayor, Cllr Matthew Walsh, said: “Very disappointed to hear that Barclays plan to close our Risborough branch.
“As a customer there for the past 11 years I know the impact this will have on our community.
Mayor White's tweet
Very disappointed to hear that Barclays plan to close our Risborough branch. As a customer there for the past 11 years I know the impact this will have on our community. If you use this branch please do get in touch with me.
— Matthew Walsh (@CllrMWalsh) March 26, 2021
“If you use this branch please do get in touch with me.”
To read the reports of why each bank is closing, click on the town name, and to see a full of list of bank closures, visit home.barclays/society/esg-resource-hub/reporting-and-disclosures/uk-branch-closures.
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