Lloyds Announces Closure of 95 Branches: Full List Unveiled
Lloyds Banking Group has announced the closure of 95 branches across the UK, as part of a wider trend of diminishing bank presence on high streets. The closures will affect 53 Lloyds branches, 31 Halifax branches, and 11 Bank of Scotland locations. This move follows an earlier announcement regarding 49 closures set to occur by October this year.
Lloyds Branch Closure Details
These latest closures, planned between May 2023 and March 2027, will leave Lloyds with 610 remaining branches operational across the UK. A representative of Lloyds indicated that their customers increasingly prefer digital banking solutions, resulting in reduced foot traffic to physical branches.
Rising Digital Banking Preference
Currently, over 21 million customers utilize Lloyds’ banking apps, highlighting a significant shift in consumer behavior towards more flexible banking options. Recent reports indicate that other banks are also reducing their branch footprints. Just weeks ago, Santander announced the closure of 44 branches, impacting nearly 300 jobs.
Comparison with Other Banking Institutions
In contrast, Nationwide, the UK’s largest building society, has committed to keeping all of its 696 branches open through at least 2030. This pledge highlights differing strategies within the banking sector amidst changing consumer habits.
List of Closing Branches
- Lloyds Bank:
- Aberdare
- Altrincham
- Birkenhead
- Birmingham (multiple locations)
- 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 (multiple locations)
- Kingswinford
- Lancaster
- Llangefni
- London (multiple locations)
- 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 (multiple locations)
- 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 banks adapt to changing customer preferences and a shift towards online banking, the landscape of physical branches is expected to continue evolving.