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Two-thirds of bank branches have closed their doors in the last 30 years – leaving millions of customers without a service.
The relentless closures mean that a fifth of households are now more than three kilometres (1.8miles) from their nearest branch, according to consumer group Which?.
Ten - Customers - Kilometres - Cent - Kilometres
Almost one in ten customers travel more than five kilometres (3.1miles) and 6 per cent are more than six kilometres (3.7miles) away.
Closures hit rural communities especially hard, with those on low incomes and the elderly most likely to suffer.
Tory - MP - Simon - Clarke - Member
Tory MP Simon Clarke, a member of the Treasury committee, which is investigating the diminishing accessibility of financial services, said: ‘Banks are depriving people of essential services.
Parliamentary records show there were 20,583 branches in 1988, but the consumer group’s analysis shows that there are just 7,586 today.
Parts - Scotland - Account - Communities - Bank
Sparsely-populated parts of Scotland account for the top 70 communities farthest from a bank.
Areas where recent closures have led to towns or villages without a single branch include Lymm in Cheshire, Broseley in Shropshire, Fishguard in Pembrokeshire and Sturminster Newton in Dorset.
While banks argue that one of the...
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