Crap Towns / Newham / Banks
How many banks has Newham lost?
Since 2022, banks have announced 6 branch closures in Newham: 1.7 per 100,000 people, 50% lower than the typical town's 3.4. Barclays shut 3, NatWest 2 and HSBC 1. The latest was announced in 2024. LINK has also assessed 2 cash machine closures here since October 2024.
| Bank | Branches | Listed |
|---|---|---|
| Barclays | 3 | 2023, 2024 |
| NatWest | 2 | 2023 |
| HSBC | 1 | 2022 |
| Town | Distance | Branch closures per 100,000 people |
|---|---|---|
| City of London | 9.1 km | 198 |
| Barking and Dagenham | 6.9 km | 3.2 |
| Southwark | 9.7 km | 2.9 |
| Greenwich | 6.0 km | 2.4 |
| Redbridge | 7.1 km | 2.3 |
| Tower Hamlets | 5.2 km | 2.3 |
| Waltham Forest | 8.2 km | 2.2 |
| Newham | – | 1.7 |
| Hackney | 7.5 km | 1.5 |
| Lewisham | 9.6 km | 1.3 |
| The typical town | – | 3.4 |