HSBC to shut 69 branches including one in Billericay

The bank is cutting back as more customers manage their finances online

The Billericay branch will close in September
Published 15th Mar 2022

HSBC is to shut 69 of its branches later this year including one in Essex.

The Billericay branch will close its doors for the final time on September 8.

The move comes a year after the banking giant accounced the closure of 82 other branches.

The company says 400 staff will be affected across the UK, and it hopes to move them to similar positions at other local branches.

Jackie Uhi, head of HSBC UK's branch network, said: "The way people bank is changing - something the pandemic has accelerated.

"Our branches continue to support people with their more complex banking needs, but the way we can do this has also evolved, with the addition of banking hubs, community pop ups and continued use of the Post Office network.

"Rather than a one-size-fits-all branch approach, it's an approach built around the way different customers are choosing to bank in different areas."