Halifax to Close 6 More UK Branches in 2026; January Saw 8 Shut
Halifax plans to close six more branches across the UK in 2026, continuing a trend of reduced physical banking locations. This decision follows the earlier closure of eight branches in January 2026, and additional reductions in 2025. The bank, part of the Lloyds Banking Group, aims to streamline its services in response to a rising preference for digital banking.
Overview of Halifax’s Branch Closures
In a broader context, Halifax’s closures are a strategy within Lloyds Banking Group, which includes Lloyds and Bank of Scotland. The group is reducing its branch network, having announced 136 high street closures earlier this year, with full implementation expected by the end of March.
Shift to Digital Banking
The transition towards digital banking is profoundly impacting customer behavior. An increasing number of customers prefer managing their finances through mobile applications rather than visiting physical locations. This shift has prompted the bank to reassess its branch presence.
Previous and Upcoming Closures
In total, 432 bank branches closed across the UK last year. According to Which?, the breakdown of closures included:
- NatWest: 105 branches
- Halifax: 101 branches
- Santander: 95 branches
- Lloyds: 93 branches
- Bank of Scotland: 24 branches
- TSB: 8 branches
- Barclays: 6 branches
This year, Lloyds Banking Group has already announced plans to close 71 branches, affecting multiple brands:
- Lloyds: 40 branches
- Bank of Scotland: 17 branches
- Halifax: 14 branches
Impact on Customers
In response to the closures, Halifax emphasizes its commitment to customer accessibility. The bank stated it will assess the impact on customers and may provide a Community Banker to the affected areas post-closure. Additionally, there are provisions for creating Banking Hubs or Deposit Services in nearby locations.
Halifax remains dedicated to meeting the Financial Conduct Authority’s guidelines regarding branch closures. They are also enhancing co-servicing options for customers, allowing for better management of personal accounts online, through apps, or over the phone.
Future Plans
As Halifax continues to adapt to changing banking habits, it is clear that the physical branch model is evolving. This reflects a significant shift in the financial services landscape, emphasizing the need for banks to innovate in response to digital trends.
Overall, Halifax’s branch closures indicate a broader transformation in the banking industry as financial institutions prioritize online banking and customer convenience.
