TSB could disappear from high street after £2.65bn sale to Santander

Spanish bank Santander has announced an agreement to purchase TSB, potentially making it the third-largest bank in the UK by personal account share. While the deal is subject to approval by Sabadell's shareholders, it could lead to the integration of TSB into Santander UK. This move may result in branch closures and job cuts as Santander aims to streamline operations in response to shifting customer banking preferences towards digital platforms.