Between 2012 and 2022, the number of bank branches in the UK witnessed a strong downward trend, with the total number of branches dropping from 11,355 to 6,305. The number of bank branches decreased at a similar pace in the European Union as well, where there were roughly 133,000 bank branches in 2022.
Total number of bank branches in the United Kingdom (UK) from 2012 to 2022
The source added the following information: The data is based on VAT and PAYE returns of "local units" in the bank and building society industries. Banks = Standard Industrial Classification (SIC) code 64.19/1; Building Societies are SIC code 64.19/2. A few of these local units may not be branches. Figures are for a date in March each year.
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House of Commons. (September 1, 2023). Total number of bank branches in the United Kingdom (UK) from 2012 to 2022 [Graph]. In Statista. Retrieved October 08, 2024, from https://www.statista.com/statistics/1065397/number-of-bank-branches-in-united-kingdom/
House of Commons. "Total number of bank branches in the United Kingdom (UK) from 2012 to 2022." Chart. September 1, 2023. Statista. Accessed October 08, 2024. https://www.statista.com/statistics/1065397/number-of-bank-branches-in-united-kingdom/
House of Commons. (2023). Total number of bank branches in the United Kingdom (UK) from 2012 to 2022. Statista. Statista Inc.. Accessed: October 08, 2024. https://www.statista.com/statistics/1065397/number-of-bank-branches-in-united-kingdom/
House of Commons. "Total Number of Bank Branches in The United Kingdom (Uk) from 2012 to 2022." Statista, Statista Inc., 1 Sep 2023, https://www.statista.com/statistics/1065397/number-of-bank-branches-in-united-kingdom/
House of Commons, Total number of bank branches in the United Kingdom (UK) from 2012 to 2022 Statista, https://www.statista.com/statistics/1065397/number-of-bank-branches-in-united-kingdom/ (last visited October 08, 2024)
Total number of bank branches in the United Kingdom (UK) from 2012 to 2022 [Graph], House of Commons, September 1, 2023. [Online]. Available: https://www.statista.com/statistics/1065397/number-of-bank-branches-in-united-kingdom/
