Business & Technology
3 TSB banks in Oxfordshire that could leave high streets
A major rebrand is on the cards after Santander UK’s recent near-£3 billion acquisition of TSB.
Santander UK is reportedly planning to phase out the TSB name following its takeover.
It marked the single biggest investment in Britain’s banking sector for more than 15 years.
Santander has completed its acquisition of @TSB, bringing together two recognised banking brands to become the UK’s third largest high street bank.
Read more, here:https://t.co/SUnRFed8Ki pic.twitter.com/0e2DOjkqfk
— TSB News (@TSB_News) May 1, 2026
TSB bank to disappear from high street after £2.9 billion Santander takeover
British retail and commercial bank TSB, based in Scotland, was founded in 1810, originating from the Trustee Savings Bank movement.
The TSB brand came about in the 60s, and in the 70s, the various trustee banks amalgamated to become TSB, with the brand then listed in 1986.
It merged with Lloyds Bank in 1995, which led to the formation of Lloyds TSB in 1999.
In 2015, TSB confirmed a takeover bid by Sabadell for £1.7 billion, and today, TSB operates around 175 bank sites across the UK.
Santander agreed a £2.65 billion buyout of TSB from Spanish banking group Sabadell last year, but said the final price paid rose to £2.9 billion on completion.
Now, after the takeover, Santander is reportedly set to drop the TSB brand and run the combined business as Santander UK once the two lenders have been integrated, according to the Financial Times.
Reports also say that there would be no changes to the TSB brand, TSB accounts or products for at least 12 months.
UK high street shops that no longer exist
A spokesman for Santander said: “The acquisition of TSB is about creating a stronger, more competitive bank in the UK, with the scale to invest significantly more in customer service, technology and products.
“TSB is a strong consumer banking brand and we recognise the value it has built with customers and within the UK market over a long time.
“We will consider carefully how to make the most of the brand value in our model long term and expect no immediate changes.
“Our guidance for expected integration benefits remain unchanged at above £400mn in pre-tax cost synergies by 2028.
“Given the similarities between Santander and TSB’s business model, we have previously indicated that this may be exceed over time across the combined business; however, any upside would come across the combined business and beyond our planning horizon of 2028.
“Our focus is on creating the best bank for customers in the UK and we are optimistic in the value this will create for all involved.”
Oxfordshire TSB branches at risk of closure
These are all the TSB branches that are currently open in Oxfordshire and could face closure:
- Chipping Norton – Market Place, Chipping Norton Town Hall, OX7 5NA
- Wantage – 44 Market Place, Wantage, OX12 8AR
- Witney – 13 High Street, Witney, OX28 6PH
What does the TSB takeover mean for customers?
The Santander UK takeover of TSB will see the combined group become the UK’s third biggest bank for current accounts and fourth for mortgages, with nearly 28 million customers nationwide.
Santander, which is owned by Banco Santander, said there would be no immediate change for customers of Santander or TSB, who can continue using their accounts and cards in the same way.
Nicola Bannister, who became chief executive of TSB on Friday (May 1), said: “Today marks a significant new chapter for TSB as we become part of Santander.
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“I look forward to leading TSB as we combine the very best of these two great businesses.”
Mahesh Aditya, Santander UK’s new chief executive, added: “This is excellent news for UK banking, with the acquisition representing the single largest investment in the sector for over 15 years.
“Bringing TSB into the Santander group strengthens competitiveness in the market and is an important step in creating the best bank for customers.”
Will the potential TSB closures affect you? Tell us in the comments below.
Business & Technology
Bicester teen, 13, launches homemade cake shed business
Jayden, 13 launched Jay’s Bakes from his home in Taunton Road in Bicester on Saturday, June 20.
Jayden celebrated the launch of Jay’s Bakes at a grand opening on Saturday, June 20 (Image: Ben Slatter Photography)
His late nan, a keen baker herself, was the inspiration behind his passion, as well as time spent helping his uncle with his catering business.
Over the last 18 months he has honed his skills by preparing sweat treats every day after school.
READ MORE: Bicester Village open late for outdoor England World Cup screenings
Determined to turn his hobby into something more, Jayden spent two and a half months researching requirements, gaining his Level 2 food hygiene certificate and officially registering his business, mostly without adult intervention.
Jayden, 13, was inspired to bake and start his businesses by his late baking-loving nan and uncle, who runs a catering business (Image: Ben Slatter Photography)
After four days of preparation, the business officially launched.
Customers were treated to a wide selection of homemade goods, including M&M cookies, Kinder brownies, Biscoff cookies, Victoria sponge trays, lemon drizzle cups and viral ‘dot cakes’.
Jay’s Bakes is available in Taunton Road in Bicester (Image: Ben Slatter Photography)
READ MORE: Heatwave: safest spots to cool off in Oxfordshire
His Kinder brownies proved particularly popular, and by the end of the day he had sold out of everything, taking £210.
Jayden took home £210 at the Jay’s Bakes launch on Saturday, June 20 (Image: Ben Slatter Photography)
Despite feeling “excited and a bit nervous” beforehand, Jayden said the opening was a success, with a strong turnout and positive feedback shared on social media.
His favourite moment came when he officially opened the shed by cutting the ribbon.
Jayden was surrounded by friends and family who celebrated the opening of Jay’s Bakes on Saturday, June 20 (Image: Ben Slatter Photography)
Supported by his mum, stepdad, grandparents and uncle, Jayden first began selling from a table in May before building and painting his now-signature blue cake shed.
He now plans to continue baking and selling regularly, bringing his creations to the local community.
Business & Technology
New Oxfordshire Lidl supermarket to ‘give shoppers more choice’
Lidl has been given planning permission to build its ninth supermarket in Oxfordshire, despite concerns over flooding.
Aldi opened in Didcot in 2015 and has a supermarket at the Jubilee Way roundabout but shoppers in the town have had to wait over a decade for Lidl to follow.
READ MORE: Popular hi-fi shop has closed down
South Oxfordshire District Council has now backed plans by the German retailer for a new supermarket in Abingdon Road.
Former Didcot mayor Mocky Khan said: “This give the residents of Didcot more choice, especially when you consider the cost of living environment we have at the moment.
“The town is growing with more new homes being built, and with more growth it’s good to have a wide variety of supermarkets to fit all budgets,”
Former mayor of Didcot Mocky Khan (Image: Contributed)
The plans for the new supermarket were first submitted in 2024.
Didcot Town Council previously objected to the scheme, on the grounds of a lack of flood risk mitigation measures, along with the county council who said there was “insufficient information”.
The town council noted there are “several flooding incidents in the area, especially when the Marsh Bridge water pumps fail”.
But in a report by planning officers granting permission to the supermarket, those issues have now been addressed by Lidl.
The officers said the proposals “largely accord” with the policies around planning, and more can be done to “break up” the car park with greenery.
An artist’s impression of the new Lidl in Didcot (Image: Lidl/SODC)
Planning officers chose to let Lidl build the new supermarket subject to conditions.
They said in a report: “Balanced against this policy conflict is the fact that this is a previously developed site, which is currently in a dilapidated state.
“The proposals represent a significant improvement on the current underutilisation of the site and on its appearance.
“The National Planning Policy Framework and Local Plan set out significant support for the reuse of previously developed land.
“As stated in the applicant’s planning statement, there have been previous enquiries as to the redevelopment of the site that have not come to fruition.
“Given this, finding a viable use for the site is a clear benefit which I consider to be of substantial benefit.”
Thirty-four residents had objected to Lidl’s plans, highlighting concerns over extra traffic, there being no need for another supermarket in the town and there being more appropriate locations to build in their view.
Didcot already has an Aldi store just off Broadway and a Sainsbury’s, M&S Foodhall and Asda.
The nearest Lidl to the proposed site are in Lupton Road, Wallingford, and Marcham Road in Abingdon.
Three people wrote in to support the new Lidl, recognising the benefits of a discount food store and the further jobs it will create.
Lidl has said its proposals for a Didcot supermarket would deliver 40 full-time equivalent jobs as well as further employment during the construction phase.
No opening date was given by the retailer, while the developer is currently on site progressing with the enabling works.
A spokesman said: “We’ve seen demand for our affordable, high-quality products continue to rise in Oxfordshire, and we are committed to serving more communities in the area.
“Our new store will create around 40 new jobs and build on our continued growth.
“We’re excited to be a step closer to opening this store and thank everyone who has supported us on our journey so far.”
It also said the £12m investment would work with the 6,300 new homes allocated to be built, as per the local plan.
Business & Technology
Consultancy firm Dalcour Maclaren achieves B Corp status
Dalcour Maclaren, a specialist in utilities and infrastructure, announced the news on June 22, following a detailed assessment of its operations, including governance, employee wellbeing, environmental impact, and social responsibility.
James Neil, CEO of Dalcour Maclaren, said: “This is a fantastic achievement for Dalcour Maclaren.
“B Corp status gives us the official badge that recognises everything that matters most to us in our culture, our values, and how we make decisions for our people and our clients. We thrive on doing things differently at DM and B Corp absolutely endorses this.”
The certification means the company meets rigorous standards of social and environmental performance, transparency, and accountability.
Dalcour Maclaren now joins more than 10,000 B Corps worldwide and over 2,600 in the UK, including well-known names such as The Guardian, Innocent Drinks, Patagonia, and The Big Issue.
Chris Turner, CEO of B Lab UK, said: “Welcoming Dalcour Maclaren to the B Corp community is hugely exciting. Its commitment to doing business differently will be an inspiration to others and will help spread the notion that success in business is as much about people and planet as it is profit.”
Dalcour Maclaren operates across the UK and Ireland, supporting major projects in energy, water, transport, and digital infrastructure. The company’s services include land, planning, environment, stakeholder engagement, and geospatial services.
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