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M&S is permanently closing one of its most popular services from today
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manchestereveningnews.co.ukSign up to FREE email alerts from our Money Saving Club Newsletter Retail giant M&S is set to close its 29 bank branches tomorrow, with all its current accounts shutting down for good next month.
The banking arm of the upmarket supermarket says the closures are a result of a surge in online banking. M&S first confirmed the bank closures - all of which are located within stores - in an update on March 4.
It had previously said it would redeploy affected branch workers where possible, but hasn’t confirmed since how many possible redundancies will take place.
M&S travel money bureaux branches, which are located in over 100 stores, are unaffected by the plans. READ MORE: ASDA announces long-awaited system change that will cost all shoppers
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