#Banking deserts are expanding, with an annual total of 600 branch closures expected by the end of 2023 & around 60% of the branch network from 2015 now closed.
We are assured that banking hubs will pick up the slack & the Govt. has required (though with no clear enforcement mechanism) 95% of customers to have access to cash within three miles.
The banks are doing well out of the move to online/cashless banking; this change is not a reflection of customer behaviour, its driven by profiteering!
