Banks are closing branches in deprived communities in England four times faster than in wealthy areas.
High street banks have collectively closed 990 branches in the most deprived areas of the country since 2010, compared with 230 in the richest local authorities.
The digital bank Pockit, which conducted the research, said a quarter of the poorest local authorities had lost more than 40% of their bank branches – totalling 705 closures – over an eight-year period.
