TSB is to close 82 branches next year as part of a plan by new chief executive Debbie Crosbie to make £100m of cost savings by 2022.

The Spanish-owned bank has 540 branches and is trying to restore its reputation after last year’s huge IT failure, which hit 1.9 million customers.

Ms Crosbie’s three-year plan did not provide detail of potential job cuts.

“The plan… involves some difficult decisions, but it sets TSB up to succeed in the future,” she said,

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