Lloyds and Halifax to Close 84 UK Branches by 2026

Lloyds Banking Group has announced plans to close 84 branches across the UK by summer 2026. This decision affects both Lloyds and Halifax, signaling a shift towards digital banking among customers.

Lloyds and Halifax Branch Closures Overview

The closures include 53 Lloyds branches and 31 Halifax branches, as part of a strategy to enhance customer flexibility. This strategy aims to support banking operations via digital platforms, including apps and messaging services. The move also reflects Lloyds’ commitment to cost-cutting and digitization.

Impacts on Employees and Customers

While the exact number of staff affected has not been disclosed, Lloyds has assured employees that alternative roles will be offered within the organization. Customers can still access banking services through various channels, including:

• 11,000 Post Office branches
• Community banking hubs

Lloyds Banking Group is also enhancing its banking accessibility through 14 new hub locations, as part of a national initiative to protect cash access.

Branch Closure Timeline

Here are key dates for closures of both Lloyds and Halifax branches:

As these closures unfold, Lloyds Banking Group emphasizes its dedication to meet changing customer preferences for banking methods. With an increased focus on digital options, the group is adapting to the evolving landscape of banking in the UK.