Metro Bank
| Use attributes for filter ! | |
| Web site | www.metrobankonline.co.uk |
|---|---|
| Customer service | 00 44 20 3402 8312 |
| Headquarters | London |
| United Kingdom | |
| Founders | Vernon Hill |
| Number of locations | 65 Stores |
| Executives | Craig Donaldson |
| Vernon Hill | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 644470 |
About Metro Bank
Metro Bank plc is a retail bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Bank branch closures hits Prime Minister Rishi Sunak's constituency
... The move comes a day after Lloyds Banking Group said it would shut 45 branches next year, and Metro Bank announced a review of opening hours...
Metro Bank to review seven day opening and cut jobs
...By Tom EspinerBusiness reporter, BBC NewsMetro Bank has said it will review whether to stay open seven days a week as it also revealed plans to cut 20% of its workers...
Metro Bank shareholders to vote on rescue deal
...Metro Bank shareholders are to vote later on whether to back a rescue deal aimed at securing the bank s future...
Metro Bank has a limited future, claims co-founder
...Metro Bank faces a " limited future" if it continues with its strategy of focusing on High Street branches, the co-founder of the bank has said...
Metro Bank strikes deal to shore up balance sheet
...Metro Bank has struck a deal with investors that it says will secure its future after newspaper reports suggested it needed to raise cash to shore up its balance sheet...
What's going on at Metro Bank?
...By Lora JonesBBC NewsMetro Bank s shares slumped on Thursday after reports it is looking to raise millions to boost its balance sheet...
Metro Bank shares plunge on reports of urgent fund raising
...Metro Bank s shares have plunged after reports it is seeking to raise millions to bolster its finances...
Which banks do customers love or hate?
...Metro Bank has taken top spot in an official survey of customers satisfaction with their banks, with the Royal Bank of Scotland ranked bottom...
Bank branch closures hits Prime Minister Rishi Sunak's constituency
By Kevin PeacheyCost of living correspondent
The latest in a string of branch closures will see The Final bank close in Prime Minister Rishi Sunak 's constituency of Richmond.
A shared banking hub will replace the Barclays in the North Yorkshire town, the 100th location earmarked for a hub.
A further 17 Barclays branches will shut, The Bank has now announced.
The Move comes A Day after Lloyds Banking Group said it would shut 45 branches next year, and Metro Bank announced a review of opening hours.
Labour has called for shared banking hubs to be opened quicker.
Barclays said the Richmond branch would close when the new hub is up and running.
" As visits to branches continue to fall, we need to adapt to provide The Best service for all our customers, " a Barclays spokesman said.
In August, the government said banks would face fines if they failed to provide free access to cash withdrawals for consumers and businesses.
A planned policy will state that free cash withdrawals and deposits must be available within One Mile for people living in urban areas. In rural areas, where there are concerns over " cash deserts" the maximum distance is three miles.
A voluntary arrangement is currently in place which means every High Street should have free access to cash within 1km.
ClosuresNearly 6,000 branches have closed since the start of 2015, according to the consumer group Which? with scores more already scheduled to close next year.
Campaigners fear some retailers could stop accepting cash if it becomes too tricky to process.
Cash remains a necessity for millions of people, research has found, with the elderly and those with disabilities among those likely to struggle. Branches have been more likely to close in disadvantaged areas.
So-called banking hubs are spaces shared by several different High Street banks and are meant to help communities that have seen all their bank branches close.
While welcomed in communities where they have opened, there has been criticism that relatively few are operating.
Labour plans to ensure that 350 will open.
Shadow chancellor Rachel Reeves said: " Labour's plan will bring banking services back to communities who have seen them disappear over recent years, meaning more people across the country will be able to access the services they need closer to home. "
Natalie Ceeney, who wrote a major report into access to cash and oversees the opening of hubs, said: " Over The Past month we've been opening More Than a hub a week.
" Last week we were opening Hubs in Cumbria, Derbyshire and Devon. This Week and next we're in Lincolnshire, London, County Durham , County Down and Denbighshire. We will have 30 banking hubs open by The End of the year and 50 by Easter. "
Ron Delnevo, who chairs the Payment Choice Alliance, " A total of 350 Bank Hubs is nowhere near enough to replace the thousands of bank branches lost in The Last five years. "
He Said The Major High Street banks should be compelled to provide support staff in all 11,500 post offices around the country to ensure community Financial Services , including access to cash, is maintained.
On Thursday, Lloyds Banking Group said it would close 22 Halifax branches, 19 Lloyds branches and four Bank of Scotland branches next year.
Metro Bank has said it will review, and plans to cut 20% of its workforce.
Barclays has updated its with the latest additions.
Related TopicsSource of news: bbc.com
