The closure of the Swadlincote branch of HSBC has been confirmed for later this year.

According to Mail Online, the High Street bank is due to shut in September.

HSBC is closing 82 branches across the country this year in a radical shake up of its network.

It says the closure decisions have been made in response to 'market trends, customer behaviour and branch usage.'

A spokesperson for HSBC told This is Money that it hopes to redeploy staff affceted by the 82 branch closures.

HSBC said 81 of the branches which are being closed down are within one mile of a Post Office branch, while two-thirds are within five miles of another HSBC branch and nine in 10 are within 10 miles of a branch.

Jackie Uhi, HSBC UK head of network, said: "The Covid-19 pandemic has emphasised the need for the changes that we are making.

'It hasn't pushed us in a different direction but reinforces the things that we were focusing on before and has crystalised our thinking. This is a strategic direction that we need to take to have a branch network fit for the future.

'Making sure we have a sustainable branch network is essential to us, and decisions to close branches are not taken lightly.

'By ensuring we have the most suitable branch format in each specific local market that we serve, we will ensure that we are in good shape to meet the challenges ahead.'"

The 82 branch closures will bring down HSBC's total branch network down to 511.