Virgin Money closures: full list of 31 branches shutting down at a loss of 112 jobs
Daily Mirror says Virgin Money has announced it will close 31 high street branches across the country, at a loss of around 112 jobs.
Bosses said the decision – which follows an estimated 700 redundancies at the bank last year – was due to customers switching to online banking during the pandemic.
The company said the number of customers using bank branches for day-to-day transactions has been on a downward trajectory across the UK banking industry for a number of years and that this has been further accelerated by the Covid crisis.
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