Since launching in 2010, Metro Bank sought to differentiate itself from more traditional lenders by staying open for longer.

But on Thursday it also revealed it will shorten its opening hours.

Metro Bank said: "The company is reviewing seven-day opening and extended store hours across the store network and is in discussions with the Financial Conduct Authority about the customer implications of any such changes."

Meanwhile, more than 850 Metro staff will lose their jobs. The bank currently employs 4,266 people and said that it plans to reduce "roles across the organisation, including at senior leadership level".

Since launching in 2010, Metro Bank sought to differentiate itself from more traditional lenders by staying open for longer.

But on Thursday it also revealed it will shorten its opening hours.

Metro Bank said: "The company is reviewing seven-day opening and extended store hours across the store network and is in discussions with the Financial Conduct Authority about the customer implications of any such changes."

Meanwhile, more than 850 Metro staff will lose their jobs. The bank currently employs 4,266 people and said that it plans to reduce "roles across the organisation, including at senior leadership level".