It will close next year
Arnold high street has been dealt a blow after HSBC announced its branch in the town was one of 114 across the country to close. The bank in Front Street will shut in May next year.
In a statement, HSBC said: "The decline in branch use has accelerated so much since the Covid-19 pandemic that some of the branches closing are now serving fewer than 250 customers a week." Brits are banking more online instead - though in many areas bank branch closures make this unavoidable and not a choice.HSBC said 97.5% of all its banking transactions now take place online.
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