Friday 22 September 2017

Charlie Weston: This latest body blow will leave towns with little but tumbleweed

'The loss of a bank branch is often a real sign of distress for a town.' Photo: GETTY
'The loss of a bank branch is often a real sign of distress for a town.' Photo: GETTY
Charlie Weston

Charlie Weston

Nearly a decade after the financial crisis erupted, the body blows keep coming for consumers.

Like the scene from an old Western movie, tumbleweed blowing down the street is set to become the dominant feature of many rural towns and villages as banks and post offices leave town.

An Post is looking at pulling down the shutters on up to 80 branches, and Ulster Bank is likely to announce soon that it is boarding up as many as one-in-four branches.

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