Tesco Bank to close Newcastle office as roles shift to Glasgow hub. Hundreds of Tesco Bank roles are at risk after the firm confirmed plans to relocate the majority of its customer service staff to Glasgow (Image: Archives) Hundreds of Tesco Bank roles are at risk after the firm confirmed plans to relocate the majority of its customer service staff to Glasgow. More than 160 jobs could be affected under proposals to close the bank's offices at Quorum Business Park in North Tyneside later this year, with roles transferring to its existing service centre in Glasgow. Tesco Bank said the move would "simplify" its operations as it continues its integration with Barclays, which completed the acquisition of Tesco Bank's banking operations in November 2024. Around 162 staff are currently based at the Newcastle site. A formal consultation process is now under way. The bank said affected employees would be "strongly supported", with a focus on redeployment opportunities within Tesco Bank and Barclays. Glasgow will remain a central hub for the business, with no changes planned for Tesco Bank staff already contracted in the city who moved to Barclays' Clyde Place campus in summer 2025. The bank will also maintain a presence in Edinburgh and is currently seeking an alternative site in the same area, replacing its existing office at South Gyle Crescent. Tesco Insurance and Money Services, which also operates from Quorum Business Park, will not be affected by the proposals.

Barclays Bank UK PLC has successfully completed the acquisition of the retail banking business of Tesco Personal Finance plc.