Crap Towns / Tower Hamlets / Banks
How many banks has Tower Hamlets lost?
Since 2022, banks have announced 7 branch closures in Tower Hamlets: 2.3 per 100,000 people, 32% lower than the typical town's 3.4. Halifax shut 2, Lloyds 2, NatWest 2 and HSBC 1. The latest was announced in 2026. LINK has also assessed 4 cash machine closures here since October 2024.
| Bank | Branches | Listed |
|---|---|---|
| Halifax | 2 | 2024, 2026 |
| Lloyds | 2 | 2024, 2026 |
| NatWest | 2 | 2023, 2024 |
| HSBC | 1 | 2022 |
| Town | Distance | Branch closures per 100,000 people |
|---|---|---|
| City of London | 4.0 km | 198 |
| Westminster | 8.7 km | 13.2 |
| Islington | 6.4 km | 3.7 |
| Southwark | 5.4 km | 2.9 |
| Greenwich | 7.8 km | 2.4 |
| Tower Hamlets | – | 2.3 |
| Lambeth | 9.0 km | 2.2 |
| Waltham Forest | 8.8 km | 2.2 |
| Newham | 5.2 km | 1.7 |
| Hackney | 4.5 km | 1.5 |
| Lewisham | 7.6 km | 1.3 |
| The typical town | – | 3.4 |