There are number of banks and building societies with branches on the high street, such as the Nationwide, HSBC and Santander, although continual consolidation since the 1980s has decreased the number of companies operating. This consolidation has seen large numbers of redundancies over the years, a situation that repeated in the months after the financial crisis started in 2008.
The upside of the financial crisis is that atypical sources, such as supermarkets, have announced plans to broaden their financial services to those that match high street banks, so a new set of opportunities may be opening up.
The other area of expansion, which started in the mid-1990s, has been the growth of banks that were set up to operate without branch networks, usually offering a combination of phone and internet services.
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