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Gloucestershire Business News

Confirmed: Two Gloucestershire branches of TSB will close

Gloucestershire will lose two of its branches of TSB as part of the bank's decision to close 82 of its outlets and concentrate on its digital offering.

The bank have announced that the branches in Moreton-in-Marsh and Stroud will be closing during 2020.

An announcement made earlier this week confirmed the 82 closures but that the full list of branches would not be announced until employees were told.

There will be 370 jobs affected by the decision to close the branches, with the closures occurring all over the country.

The Moreton-in-Marsh branch will close in May, while the Stroud branch will remain open until June.

Robin Bulloch, customer banking director at TSB, said: "We will fully support customers through this transition.

"We realise this is difficult news for our branch partners and will do everything to support those affected to offer voluntary redundancies and redeploy as many people as we can to other roles."

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