Around 370 jobs will be hit in a round of branch closures, TSB said as it revealed the locations of all 82 sites set to shut next year.
The bank announced on Monday that it is slimming down its branch portfolio. It includes 17 Scottish branches.
Chief executive Debbie Crosbie said TSB is facing runaway costs and needs to take difficult decisions.
READ MORE: TSB set to close 17 branches across Scotland
Ms Crosbie said: "There is no doubt we have got challenges to face.
"Put simply, the biggest barrier for TSB's future is that we're much more expensive to run than our competition."
She stressed the bank has around twice the number of branches per 10,000 customers as many of its rivals.
The chief executive of model train maker Hornby said it is back on track in its turnaround as the company narrowed its losses for the year.
The company trimmed its pre-tax losses to £2.5 million for the year to September 30, down from a £3.2 million loss the previous year.
READ MORE: Cairn Energy quits Norway through $100m deal
Chief executive Lyndon Davies said: "Revenue is growing, losses are narrowing and we are shifting gears in our journey back to profitability and beyond."
Hornby said profitability improved after it "pulled the handbrake" on its discounting strategy, although the initial impact was "more painful than expected".
The company said it is through the hardest part of its turnaround plan and has re-engaged its customer base.
Revenues for the year jumped 15% to £15.9 million, up from £13.8 million in 2018.
The retail business outlined its strategy to boost its online offering through investment in its website and social media to "engage more with our existing customers and recruit new ones".
READ MORE: Marston’s writes down pub estate value
It said sales continue to be above the same period last year, but it is "difficult to tell" what the outcome will be for the full-year results as it heads towards Christmas.
PayPoint said the introduction of its new PayPoint One terminal is well ahead of schedule, and it will hit its target of rolling it out to 15,800 shops across the country earlier than the March 31 target.
The company has already installed the new terminal, which has a touch screen, at 86% of its independent retailers, or 15,088.
It now expects to reach 16,500 shops by March 31. Shares were up around 3.5% to 1,018p on the news.
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