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These banks provide retail services to the general public. Retail banks are usually known as High street banks as they traditionally had multiple branch locations in the cities and towns across the UK. However 40% of branches closed between 2012 and 2022 . [10] Four British retail banks have never had a physical branch presence.
Wilko (and wilko.com) is a retail chain owned by The Range since 2023, prior to which it was owned by Wilko Limited, founded in the United Kingdom in 1930. The retail chain Wilko Limited [1] (formerly Wilkinson Cash Stores Limited, [citation needed] Wilkinson Hardware Stores Limited, [2] and Wilko Retail Limited [3]) was founded in Leicester by ...
HSBC UK Bank plc is one of the four major clearing banks in the United Kingdom. The business ranges from the traditional high street roles of personal finance and commercial banking, to private banking, consumer finance as well as corporate and investment banking. Across all brands the bank operates some 1800 sites in the UK.
Lloyds Bank is a British retail and commercial bank with branches across England and Wales, offering a range of financial services.
Banking in the United Kingdom. Banking in the United Kingdom can be considered to have started in the Kingdom of England in the 17th century. The first activity in what later came to be known as banking was by goldsmiths who, after the dissolution of English monasteries by Henry VIII, began to accumulate significant stocks of gold. [1]
Building society. A building society is a financial institution owned by its members as a mutual organization, which offers banking and related financial services, especially savings and mortgage lending. They exist in the United Kingdom, Australia and New Zealand, and formerly in Ireland and several Commonwealth countries, including South ...
James Kemsey "JK" Wilkinson (6 December 1906 – 18 December 1997) was an English businessman, the founder of the high street chain Wilko. In 2014, it was reported that Wilko had 372 stores, 23,000 employees and annual revenues of £1.5 billion. [2]
LINK is the UK’s main ATM network, which allows consumers to withdraw cash from ATMs which do not belong to their bank. It is the largest interbank network in United Kingdom. It is a not-for profit organisation and is regulated by the Bank of England, Financial Conduct Authority and Payment Systems Regulator .