Lloyds to close 66 branches this winter

Lloyds Banking Group has announced it will close 66 branches this winter.

Between October and January, 48 Lloyds Bank branches and 18 Halifax branches will shut – the latest in a broad trend of big banks quitting the high street.

It comes just two months after the lender announced plans to shut 28 branches between August and November.

Russell Galley, director of consumer relationships at Lloyds Banking Group said: “Our customers have more choice than ever in how they bank with us.

“As our customers do more online, visits to some branches have fallen by as much as 85% over the last five years.

Advertisement

“Alongside our digital, online and telephone services, we’ll continue to invest in our branches, but they need to be in the right places, where they’re well-used.”

Lloyds said there will be no compulsory or voluntary redundancies, with staff able to move to other branches or another part of the business.

More from Business

IMF demands interest rate rises as UK set for weakest growth among G7 economies next year

London Tube strike announced for 19 August in row over jobs and pensions

Heathrow and easyJet update on flight chaos as both reveal big financial hits

According to trade union, Unite, more than 5,000 bank and building society branches have closed since 2015.

But Lloyds insists it has 19.1 million online customers and 15.6 million app users, showing the increasing popularity of digital banking.

It has also promised that all of the branches set to close have at least one free ATM within half a mile, and a Post Office within 1.1 miles.

Once all the announced closures are complete, there will be 646 Lloyds Bank, 510 Halifax and 165 Bank of Scotland branches remaining.

The branches due to close between October and January are:

Lloyds, BromyardLloyds, ChigwellLloyds, Catterick GarrisonLloyds, Malvern LinkLloyds, RedruthLloyds, LutterworthLloyds, Palmers GreenLloyds, CheadleLloyds, Lytham St AnnesLloyds, New OllertonLloyds, Paternoster Sq, LondonLloyds, Earls Court Rd, London

Lloyds, Leadenhall St, LondonLloyds, AxminsterLloyds, Barton upon HumberLloyds, BelperLloyds, Intake, SheffieldLloyds, The Moor, SheffieldLloyds, Tilehurst, ReadingLloyds, New RomneyLloyds, Edgbaston, BirminghamLloyds, Weoley Castle, BirminghamLloyds, BillericayLloyds, Immingham

Lloyds, TonbridgeLloyds, Edgware Rd, Paddington, LondonLloyds, Notting Hill Gate, LondonLloyds, SandbachLloyds, West WickhamLloyds, DarlastonLloyds, PurleyLloyds, AldridgeLloyds, RothburyLloyds, Wootton BassettLloyds, GuisboroughLloyds, Cheddar

Lloyds, CinderfordLloyds, Cleobury MortimerLloyds, HolyheadLloyds, WallingfordLloyds, Bishop’s WalthamLloyds, HelstonLloyds, LooeLloyds, SlaithwaiteLloyds, WelshpoolLloyds, PwllheliLloyds, CaldicotLloyds, Llandrindod Wells

Halifax, High Holborn, LondonHalifax, HitchinHalifax, RiponHalifax, StowmarketHalifax, NewryHalifax, WhitchurchHalifax, DorkingHalifax, MitchamHalifax, Retford

Halifax, TivertonHalifax, Tottenham Ct Rd, LondonHalifax, WindsorHalifax, StroudHalifax, RuislipHalifax, BirminghamHalifax, RawtenstallHalifax, ColeraineHalifax, Warminster