Stamford and Oakham Barclays branches to close

Barclays has announced more branch closures due to a lack of footfall

This Oakham branch of Barclays bank will close in April 2023 after the company announced a number of closures in January
Author: Sam PidouxPublished 28th Jan 2023
Last updated 30th Jan 2023

Barclays announced on Saturday 28 January the closure of its Stamford and Oakham branches at the end of April.

The company said that footfall is the is the main reason for the companies announcement.

Earlier in January the the High Street bank announced 15 closures of other branches across the country.

This announcement comes days after NatWest said it is to close 23 of its branches.

Other banks that announced branch closures include Lloyds Banking Group said it will shut 40 Halifax and Lloyds sites across the UK.

The number of people using online banking has increased since the pandemic and football in branches is continuing to drop.

It means the total number of High Street bank branches closing this year is 103.

Barclays branches scheduled for closure:

  • Gosport-43/44 High Street-April 26
  • Bedale-18a North End-April 26
  • Bridgwater-16 High Street-April 26
  • Heywood-2 Church Street-April 28
  • Stamford-46/49 Broad Street-April 28
  • Oakham-10 High Street-April 28
  • Wymondham-45 Market Street-April 28
  • London-19 Fleet Street-May 3
  • Watton-56 High Street-May 3
  • Chislehurst-7 High Street-May 4
  • St Helens-19 Church Street-May 4
  • Radlett 221 Watling Street-May 5
  • Leyburn- Market Place-May 5
  • Talbot Green- 3 Ely Valley Road-May 5
  • Oundle-2 New Street-May 5

A Barclays spokesperson said: “Our customers’ behaviour has changed significantly in recent years, with the majority now choosing online banking. This is reflected at the Stamford and Oakham branches, and as we adapt, we are finding new ways to support our customers by maintaining our community presence with options for customers who still require in-person support.”

“In Stamford and Oakham, we plan to open a Barclays Local – a pop-up cashless banking site where customers can meet a colleague face-to-face for banking support, as they would in a branch and without the need to travel. We are currently working with the local communities to identify a suitable location and will announce details once confirmed.”