Barclays protects 100 rural branches from closure – but there’s a catch

The bank is pulling out of a scheme that allows its customers to make withdrawals with their debit cards from post offices, writes James Moore

Barclays has promised to protect 100 rural branches from closure for at least two years (PA)

A bank freezing branch closures? It runs completely against the current narrative. But that indeed is what Barclays is doing with more than 100 of its “last in town” and/or remotely situated outlets, at least for the next two years.

Does this mean banking with hugs is becoming a reality?

Well, not quite. And there is a sting in the tail. This is, after all, banking we’re talking about. There’s always a catch.