UK left with dwindling bank branches despite bailout

Laura Miller
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Britain has fewer bank branches per customer than almost any other leading nation, an investigation reveals.

In the past 20 years, closures have averaged one branch every day, according to the Daily Mail. Taxpayers have each paid on average £3,180 to bail out UK banks, yet Britain now has just 203 branches per million people. With one in six branches shutting in the past decade, more than 900 communities in the UK now have no branch, the paper reports. The move to online banking has also been less comprehensive than many banks claim, with just 38% of Britons choosing to bank online. As a result, millions of people have no access to best banking deals because there is no competition for...

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