Metro Bank — the bank that bet big on branches has started closing them

Metro insists this is not the start of an avalanche of closures

Metro’s branch in Staines-upon-Thames
Metro’s branch in Staines-upon-Thames
ALAMY
The Times

Metro Bank will close premises for the first time next week but has insisted it isn’t walking away from its branch-first strategy.

Three branches will close on Friday in Earls Court, west London, Milton Keynes and Windsor. Metro Bank said all three had other branches nearby.

In February Metro said: “The location of Earls Court – on the busy A4 into central London – was chosen due to the high level of traffic going past, and was an ideal location to publicise the launch of Metro Bank. It was perfect for raising the bank’s visibility, but has proven to be too far away from retail areas and pedestrian routes, which has meant Earls Court has consistently been one of our quietest.”

Last month the bank