A Royal Bank of Scotland (RBS) bank in Sutton High Street is among the 162 expected to shut this year, it has been confirmed.

The branch will close on August 16 as others across both London and the rest of the country are also affected, while the huge move will lead to nearly 800 job losses.

A total of 109 branches will close as early as July, however, those affected will be approximately within 0.6 miles of another RBS or NatWest branch, according the group.

An RBS spokesman said: “Following a review of the branch network in England and Wales a decision has been taken to close 162 Royal Bank of Scotland branches.

“As a result of this process, around 792 roles will be made redundant, and we will seek to support our colleagues with the option to leave on a voluntary basis.”

The lender said the move to axe more than 160 of its branches was linked to it not having to sell its Williams and & Glyn business, a division of RBS and National Westminster Bank which closed last September.

It is expected to now be reintegrated into its branch network and core bank.

Among the RBS branches affected in south London are in Bromley and Streatham, with the latter closing in July, and the other three days after the Sutton branch on August 13.