The UK high street is seeing a significant increase in closures in 2026, with several major chains including Lloyds Bank, Poundland, River Island and Revolution bars confirmed. Retailers are increasingly struggling to make a profit on the high street due to rising costs, decreased budgets, shifting shopping habits, and shifting costs away from traditional retail outlets to online banking are contributing to this trend. Among the main brands that have announced closures are LloyDS Bank, GAME, Revolution, TGI Friday’s and Quiz, while the future of dozens of Russell and Bromley stores is uncertain. Retail retailer Russell and B&B went into administration earlier this year, but there are significant closing down sales at the 145-year-old brand's locations. Scotland-founded clothing company Quiz entered administration in February 2026. The Revel Collective, which owned bar chains Revolution, Revolucion de Cuba and Peach Pubs, saved over 1,500 jobs this year while 41 sites will stay open, 21 venues shut. The future of TGI Fridays is uncertain as there are now just 33 TGI restaurants left in Britain. The shift from high-street to digital banking continues, with NatWest shutting dozens of IRL banks and banks.