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Nationwide Building Society has announced it will extend its branch promise to 2030 in a move that will come as a great relief to UK high streets.

It has announced that it will continue to keep every one of its 696 Nationwide and Virgin Money branches open until at least 2030.

The new commitment, which extends its existing Branch Promise by at least another two years, applies even when a Nationwide branch and a Virgin Money branch are close to each other.

Nationwide’s move comes as other banks continue their bank branch closure programmes, the largest in UK history. Figures from consumer group, Which? show 6,561 branches have been closed since January 2015. In the six months to the end of September, Nationwide says over a third of its current accounts and over a fifth of i

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