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More than 130 Lloyds, Halifax and Bank of Scotland branches to close

by DigestWire member
January 29, 2025
in Business
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More than 130 Lloyds, Halifax and Bank of Scotland branches to close
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Lloyds Banking Group is to close a further 136 branches.

Britain’s biggest mortgage lender said It will shut 61 Lloyds, 61 Halifax and 14 Bank of Scotland sites between May this year and March 2026.

All workers affected by the closures would be offered alternative roles, the group said.

A list of the affected branches was expected to be made available.

Lloyds blamed the move on customers shifting away from banking in person to using online services, meaning there is less need for physical sites.

It made the announcement just weeks after taking the decision to allow its customers to access on-site services across any of the group’s branded branches.

A spokesperson said: “Over 20 million customers are using our apps for on-demand access to their money and customers have more choice and flexibility than ever for their day-to-day banking.

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“Alongside our apps, customers can also use telephone banking, visit a community banker or use any Halifax, Lloyds or Bank of Scotland branch, giving access to many more branches.

“Customers can also do their everyday banking at over 11,000 branches of the Post Office or in a Banking Hub.”

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