High street banking giant reveals 55 more branches to shut for good - is YOUR local on the list?

A major bank has announced it will close another 55 branches in the latest blow to Britains high streets.


A major bank has announced it will close another 55 branches in the latest blow to Britains high streets.

Lloyds Banking Group will shut branches from its Halifax, Bank of Scotland and Lloyds brands.

The closures will see 32 Halifax, 19 Lloyds and four Bank of Scotland locations close their doors for the final time next year.

The latest closures mean more than 270 branches run by the group will close this year and the next - 128 at Lloyds, 119 Halifax and 45 Bank of Scotland locations.

The majority of the closures will take place in England, but there will also be losses in Wales and Scotland, The Sun reports.

Lloyds Banking Group is set to close 55 branches across its brands next year in another blow to Britains high streets. Pictured: A Lloyds branch in Reading

Lloyds Banking Group is set to close 55 branches across its brands next year in another blow to Britains high streets. Pictured: A Lloyds branch in Reading

Halifax is among the brands affected, with 32 of its branches closing their doors for good. Pictured: A file image of a Halifax branch

Halifax is among the brands affected, with 32 of its branches closing their doors for good. Pictured: A file image of a Halifax branch

Lloyds Banking Group said that staff working at these branches will be offered a role at another branch or in another part of the business. 

It added that all locations have alternative options for accessing cash nearby, such as a Post Office or free to use ATM.

A spokesperson said: Mobile banking is more popular than ever, with over 19.5 million customers choosing our app to manage, maximise and understand more about their money. 

Alongside our app, customers can bank online, over the phone, at a Banking Hub, a Post Office or by speaking to one of our Community Bankers.

It is the latest in a long line of bank departures from Britains high streets, which have seen thousands of branches leave in recent years.

Bosses have claimed that fewer people are using in-person services at branches, with the pivot to online banking, particularly among younger customers, the main reason.

Other big name banks, including Barclays, NatWest, TSB and Santander have also cut their branch numbers.

Earlier this year it was revealed that the number of branches that have closed their doors in the last nine years has surged past 6,000.

A survey by consumer group Which? found that more than 60 per cent of the UKs branch network has closed since it began tracking the phenomenon in 2015.

It suggested that by the end of this year 33 parliamentary constituencies wont have a single bank branch.

While the rate of closures had initially appeared to slow down since it reached a peak in 2017, researchers said in May that in recent years there has been a troubling surge.

Bank bosses have been accused of engaging in a race to close branches after the Government announced plans in 2020 for laws to protect access to cash, which could make it harder to close a branch if alternative cash provision is lacking.

Since 2015 Barclays has closed 1,216 branches; while NatWest Group, which comprises NatWest, Royal Bank of Scotland and Ulster Bank, has closed 1,360 branches, Which? said.

At the time Lloyds Banking Group, had shut 1,146 sites, but this number is set to rise further following todays announcement.

A spokesperson for trade association UK Finance said at the time: An ever-increasing number of people are using telephone, mobile and internet banking and fewer people are visiting bank branches on a regular basis.

Balancing this change in the way we bank means firms have to make difficult decisions about maintaining their branches.

The industry has invested heavily in alternative services, including thousands of post offices where people can do a lot of their day-to-day banking.

Alongside this, the industry is working to roll out shared banking hubs to bring together different firms to support their customers.

There is also significant ongoing investment to ensure access to cash, including free ATMs and cashback without purchase. If you are concerned about your local bank branch closing, please contact them and they will help you find the best alternative for your needs.

Latest Lloyds, Halifax and Bank of Scotland branch closures

Lloyds

  • 391-393 Harehills Lane, Leeds, England, LS9 6AP - January 08, 2025
  • 3 North Brink, Wisbech, England, PE13 1JT - January 22, 2025
  • 812 Osmaston Road Allenton, Derby, England, DE24 9AA - January 23, 2025
  • 64-66 Mill Street, Macclesfield, England, SK11 6NH - January 28, 2025
  • 77 Shirley High St Shirley, Southampton, England, SO15 3TX - January 08, 2025
  • 11 Finkle Street, Kendal, England, LA9 4AG - February 10, 2025
  • 38 High Street, Brecon, Wales, LD3 7AR - February 11, 2025
  • 1 Claremont Road, Surbiton, England, KT6 4QS - March 04, 2025
  • 20 Market Place, Dewsbury, England, WF13 1DF - March 10, 2025
  • 1 Bancroft, Hitchin, England, SG5 1JQ - April 07, 2025
  • Exchange Square, Beccles, England, NR34 9HH - May 06, 2025
  • 27 Norwich Street, Fakenham, England, NR21 9AH - May 06, 2025
  • 11 Causeway Lane, Matlock, England, DE4 3AR - May 07, 2025
  • 18 Monnow Street, Monmouth, Wales, NP25 3XH - May 08, 2025
  • 35 King Street, Thetford, England, IP24 2AX - May 13, 2025
  • 47 Station Road, New Milton, England, BH25 6HU - May 13, 20254
  • 13 Bitterne Road Bitterne, Southampton, England, SO18 1DA - June 09, 2025
  • 52 Town Street Armley, Leeds, England, LS12 3AE - September 08, 2025

Halifax

  • 200 Edgware Road, London, England, W2 2DW - January 06, 2025
  • 92-94 Church Street, Eccles, England, M30 0DA - January 07, 2025
  • 6 Royalty Mall Arndale Centre, Morecambe, England, LA4 5DS - January 07, 2025
  • Duke Street Wellington, Telford, England, TF1 1BJ - January 07, 2025
  • 642 Prescot Road Old Swan, Liverpool, England, L13 5YS - January 08, 2025
  • 24 Market Street Longton, Stoke-on-Trent, England, ST3 1BG - January 08, 2025
  • 256/258 Green Lanes, Palmers Green, England, N13 5TU - January 09, 2025
  • 177B Stratford Road, Shirley, England, B90 3AQ - January 09, 2025
  • 39 High Street, Tonbridge, England, TN9 1SQ - January 09, 2025
  • 32 Low Street, Sutton-in-Ashfield, England, NG17 1DG - January 16, 2025
  • 129 High Street, Winchester, England, SO23 9AX - January 20, 2025
  • 8 Commercial Road, Bulwell, England, NG6 8HA - January 21, 2025
  • 28 Market Place, Wisbech, England, PE13 1DQ - January 22, 2025
  • 7/11 Monnow Street, Monmouth, Wales, NP25 3EF - January 23, 2025
  • 3 High Street, Walton-on-Thames, England, KT12 1EA - January 27, 2025
  • 100 Bedford Street, North Shields, England, NE29 6DD - January 28, 2025
  • 58 Station Road, Port Talbot, Wales, SA13 1RD - January 29, 2025
  • 4/4A King Street, Thetford, England, IP24 2AP - February 04, 2025
  • 21/23 Highgate, Kendal, England, LA9 4DA - February 10, 2025
  • 11 Church Road, Burgess Hill, England, RH15 9BB - March 04, 2025
  • 7 Orchard Street, Didcot, England, OX11 7LG - March 10, 2025
  • 20/22 High Street, Camberley, England, GU15 3TG - March 11, 2025
  • 60/61 High Street, Gosport, England, PO12 1DR - March 12, 2025
  • 8 Wheelgate, Malton, England, YO17 7HP - April 08, 2025
  • 49 Market Place, Chippenham, England, SN15 3HU - April 15, 2025
  • 16 Northbrook Street, Newbury, England, RG14 1DJ - April 16, 2025
  • 91 High Street, Northallerton, England, DL7 8QT - April 28, 2025
  • 6 Bailey Street, Oswestry, England, SY11 1PS - April 28, 2025
  • 35 Orchard Walk Halton Lea, Runcorn, England, WA7 2BS - April 29, 2025
  • 22 Market Street, Tamworth, England, B79 7LR - April 29, 2025
  • 29 High Street, Witney, England, OX28 6XP - April 30, 2025
  • 400/402 Bitterne Road Bitterne, Southampton, England, SO18 5RS - June 09, 2025

Bank of Scotland 

  • Main Street, Golspie, Scotland, KW10 6RJ - February 04, 2025
  • 31 High Street, Montrose, Scotland, DD10 8LT - March 10, 2025
  • High Street, Langholm, Scotland, DG13 0JH - April 07, 2025
  • 60 High Street, Leven, Scotland, KY8 4NA - May 07, 2025

Source: The Sun

Источник: Daily Online

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