Lloyds, Halifax and Bank of Scotland to close 136 branches
Lloyds, Halifax and Bank of Scotland to close 136 branches
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LLOYDS Banking Group has announced that it will be shutting a total of 136 branches across the UK high street. It will close 61 Lloyds, 61 Halifax and 14 Bank of Scotland (BoS) branches between May this year and March 2026. The closure plan comes just weeks after Lloyds announced a major change to its bank branches.
![[Lloyds Bank sign with black horse logo.]](https://www.thesun.co.uk/wp-content/uploads/2024/12/2024-announced-soaring-annual-profits-881326652_7c586e.jpg?strip=all&w=960)
The banking giant has announced plans to enable customers to access services at any branch regardless of which brand they bank with. Lloyds blamed the decision to shut the branches on customers shifting away from banking in person to using mobile services.
It said that all workers at the affected branches will be offered jobs elsewhere in the company. A spokesperson for the business 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.
“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.”.
New rules from the Financial Conduct Authority (FCA) mean banks and building societies that shut branches have to make sure customers can still get cash. When they make changes, they need to check whether local communities will be left without important cash services, like branches or ATMs, and fix any significant gaps.
