Customers will have to look for new bank as focus turns to credit cards and other services
Marks & Spencer’s banking arm is shutting down its current accounts, forcing customers who hold them to look for a new provider.
M&S Bank – which is a joint venture between HSBC and the retailer – says all of its current accounts will close in August, along with its Monthly Saver account. In addition, the 29 in-store M&S Bank branches will close in early July.
