Clydesdale and Yorkshire Banks announced the closure of 28 “unsustainable” branches with the associated £5m in savings to be invested in the remaining branch network. The banks made the announcement as part of a £25m branch investment programme which is being rolled out over the next nine months. Clydesdale and Yorkshire Banks’ plans to “reshape” their retail banking operations include the development of six flagship branches, improved mobile and internet banking services and continued investment in new products. The banks reported that in the past three years, use of their branches have fallen by 30%, compared to a 40% rise in internet and mobile banking use over the same period.....Read more here