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Banks shut at fastest rate in a decade in Renfrewshire in lead-up to pandemic

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www.dailyrecord.co.uk

Join thousands of others in getting the stories that matter to you sent straight to your inbox.Banks in Renfrewshire shut at their fastest rate in a decade before the coronavirus pandemic struck, according to government data.The number of branches open across the region fell by approximately a third in the year to March 2020 from around 15 to around 10, which is the biggest year-on-year drop since records began in 2010.The figures from the Office for National Statistics (ONS) - which have been analysed by the Reach Data Unit - are rounded to the nearest five.The number of banks in Renfrewshire has also plummeted by around 70 per cent in the last 10 years, with data indicating there were around 35 branches open a decade ago.Earlier this.

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