Move to cut one in five outlets means bank has more than halved number of branches since 2018
Virgin Money has announced it will close 31 branches – almost all in Scotland and the north of England – in the latest stage of the UK banking sector’s retreat from the high street.
The bank said it expected to make 112 jobs redundant because of the closures after the coronavirus pandemic accelerated the shift to online and mobile app-based banking, a move that has rapidly reduced the profitability of physical bank branches.
Airdrie
Grantham
Northallerton
Ashton-Under-Lyne
Keighley
Newcastle, Northumberland St
Banchory
Leeds, Horsforth
Nuneaton
Beverley
Leeds, White Rose
Oban
Blackburn
Lincoln
Portree
Broughty Ferry
Macclesfield
Selby
Chesterfield
Mexborough
Sheffield, Meadowhall
Cumbernauld
Milngavie
Stenhousemuir
East Kilbride, Princes Square
Musselburgh
Whitby
Galashiels
Nelson
Wick
Gosforth (a branch for employees only, located in an office)
