Lloyds, Halifax, Bank of Scotland Announce More Branch Closures: Is Yours Affected?
In a significant move, Lloyds Banking Group has announced the closure of a total of 95 branches across its Lloyds, Halifax, and Bank of Scotland brands. This decision will take effect between May 2023 and March 2027.
Lloyds, Halifax, Bank of Scotland Branch Closures Detailed
This latest announcement includes the closure of 53 Lloyds branches, 31 Halifax branches, and 11 Bank of Scotland branches. This round of closures follows a previous announcement of 49 branch closures slated for October 2023, as well as an earlier reduction of 136 branches that took place last year.
Remaining Branches and Impacted Staff
Once these planned closures are complete, Lloyds will have a remaining total of 610 branches in operation. Although the exact number of affected employees has not been publicly disclosed, all staff at the closing branches will be offered alternative positions within the company. The shift towards online banking has led to decreasing foot traffic in physical branches.
Customer Trends and Technology Integration
Lloyds reports that over 21 million customers utilize their apps as a primary banking method, highlighting a shift in banking habits. A representative from Lloyds emphasized the importance of meeting customers’ preferences by providing diverse banking options and services.
List of Branches Set to Close
Here is a list of branches affected by the closures:
- Lloyds Bank:
- Aberdare
- Altrincham
- Birkenhead
- Birmingham, Blackheath
- Birmingham, Bordesley Green
- Birmingham, Highters Heath
- Birmingham, Upper Kingstanding
- Bournemouth
- Bristol, Fishponds
- Cardiff, Victoria Park
- City of London, Cheapside
- Clevedon
- Coalville
- Crowborough
- Daventry
- Didcot
- Ebbw Vale
- Golders Green
- Heswall
- Hinckley
- Hoddesdon
- Honiton
- Horncastle
- Hull, Hessle Road
- Hull, Ings Road
- Kingswinford
- Lancaster
- Llangefni
- London, Camberwell
- London, Fitzrovia
- London, London Bridge
- London, Streatham
- London, Victoria
- London, West End
- Lymington
- Moreton-in-Marsh
- Newmarket (Suffolk)
- Norwich, Aylsham Road
- Reading, Woodley
- Redhill
- Ringwood
- Sevenoaks
- Southam
- Staines-upon-Thames
- Stoke-on-Trent, Longton
- Street (Somerset)
- Swansea, Winch Wen
- Tewkesbury
- Uttoxeter
- Wareham
- Wednesbury
- West Byfleet
- Wolverhampton, Tettenhall
- Halifax:
- Ashington
- Ashton-under-Lyne
- Billingham
- Bognor Regis
- Bridgend
- Cardiff, Roath
- Chichester
- Chorley
- Croydon
- Cwmbran
- Doncaster, Armthorpe
- Ellesmere Port
- Goole
- Greenford
- Halesowen
- Horsham
- Leeds, Bramley
- Liverpool, Hunts Cross Shopping Park
- London, Hammersmith
- London, Pentonville
- London, Surrey Docks
- Manchester, Didsbury
- Mexborough
- Nottingham, Beeston
- Nottingham, West Bridgford
- Shipley
- Skelmersdale
- Southgate
- Sutton Coldfield
- Thornaby-on-Tees
- Torquay, Lymington Road
- Bank of Scotland:
- Aberdeen, Bridge Of Don
- Balivanich
- Blairgowrie
- Broughty Ferry
- Glasgow, Baillieston
- Haddington
- Kelso
- Lochgilphead
- Penicuik, John Street
- Rutherglen
- Stonehaven
As the banking landscape changes, Lloyds Banking Group is responding to the preferences of their clients. By focusing on enhanced digital services, they aim to provide flexibility and convenience for all customers.