Navigating the Changing World Order: The Future of the UK Economy

The Changing World Order series is an insightful and thought-provoking look at the current state of the global economy. The series has been designed to explore the current challenges facing the global economy and provide an optimistic outlook for the future.


One of the challenges facing the global economy is the recent wave of bank closures. Banks play a crucial role in the global economy, facilitating the flow of capital and providing financial services to individuals and businesses. The recent closures of various banks have had a significant impact on the global economy, raising concerns about the stability of the financial system.


A Growing List of Global Bank Closures


As the world continues to adapt to the changing economic landscape, it is important to take note of the shifts and changes that occur. One of the most recent developments has been the closure of numerous banks across the globe. This growing trend is a reflection of the changing needs and priorities of consumers and businesses alike. In this article, we will explore some of the most notable bank closures that have occurred since the end of 2021. 

By understanding these closures and the reasons behind them, we can better prepare for the future and navigate the changing world order.However, despite these challenges, the Changing World Order series offers a hopeful perspective on the future of the global economy. By exploring the complex interplay between technology, finance, and politics, the series provides a comprehensive understanding of the factors that shape the global economy.


  1. Lloyds Bank - closed 56 branches across the UK
  1. NatWest - closed 197 branches across the UK
  1. HSBC - closed 27 branches across the UK
  1. Barclays - closed 52 branches across the UK
  1. Santander - closed 140 branches across the UK
  1. TSB - closed 164 branches across the UK
  1. Virgin Money - closed 22 branches across the UK
  1. Deutsche Bank - closed 150 branches across Germany
  1. Commerzbank - closed 200 branches across Germany
  1. BBVA - closed 480 branches across Spain
  1. Banco Sabadell - closed 250 branches across Spain
  1. ING - closed 42 branches across the Netherlands
  1. HSBC - closed 82 branches across the United Kingdom
  1. Citibank - announced the closure of retail banking operations in 13 countries
  1. Wells Fargo - closed over 100 branches across the United States
  1. JPMorgan Chase - closed 1,000 branches across the United States
  1. Bank of America - closed 1,000 branches across the United States
Please note that this is not an exhaustive list, please conduct your own  research to get the most current and accurate information on bank closures.

In the series, recent bank closures are discussed in the context of broader global economic trends, providing insights into the structural changes underway in the financial sector. The closure of Deutsche Bank branches across Germany, for example, is discussed in the chapter on the future of European finance, where the authors examine the impact of Brexit and the ongoing debt crisis in Europe on the region's financial institutions.


Similarly, the series looks at the impact of bank closures on the wider economy, exploring the ripple effects that these closures can have on local communities and businesses. The closure of Wells Fargo branches across the United States, for example, is examined in the context of the changing nature of the US economy and the shifting priorities of consumers.


Overall, the Changing World Order series provides a much-needed perspective on the state of the global economy. By examining the complex interplay between technology, finance, and politics, the series offers valuable insights into the challenges facing the global economy and the opportunities for growth and innovation. While recent bank closures have raised concerns about the stability of the financial system, the series provides a hopeful outlook for the future, highlighting the resilience of the global economy and the potential for positive change.

In conclusion, the changing world order presents both challenges and opportunities for the UK economy. Recent bank closures are just one example of the shifts and changes that we must navigate in order to succeed. However, by remaining informed and adaptable, we can position ourselves for success in this new economic landscape.

As individuals, we can also make a difference by changing our spending habits and supporting local businesses. By doing so, we can help to create a stronger and more resilient economy that is better equipped to face the challenges of the future.

So, to all readers, stay informed, be adaptable, and support your local economy. Together, we can build a brighter and more prosperous future for all.