Belfast branch of high street bank set to close, company announces

  • 📰 BelfastLive
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 77%

Business News News

Business Business Latest News,Business Business Headlines

The Belfast branch is one of 39 slated for closure across the UK

The Belfast branch is among 39 being closed down across the UK by Virgin Money, the company has announced. The move will put more than 250 workers at risk of redundancy.Virgin said each affected location closing its doors is less than half a mile from the nearest Post Office where customers can still carry out day-to-day transactions, like cash deposits and withdrawals, cheque deposits and balance enquiries, as well as coin exchange.

The Belfast branch is in Wellington Place, beside Tim Horton's, and is due to close from November 13. Sarah Wilkinson, chief operating officer at Virgin Money, said: "The decision to close a store is never taken lightly. But as our customers continue to change the way they want to bank with us, by conducting fewer transactions in-store and adopting the convenience of digital banking, we must respond to that evolving demand.

"For our colleagues, we will pursue all options to retain as many as possible within alternative roles, and have had great success previously with store colleagues moving to other customer operations roles, as their skills are highly transferable." The full list of branches set to close: To get the latest breaking news straight to your inbox, sign up to our free newsletter.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines