finance

Lloyds Banking Group to close 44 Lloyds and Halifax branches – see the full list


LLOYDS Banking Group has announced it will shut another 44 banks in its latest round of closures.

The bank said that 29 Lloyds bank branches will close and 15 Halifax locations, but with no job losses.

More bank branches are closing

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More bank branches are closingCredit: PA:Press Association

The branches are located in or near to cities and large town centres, and have another branch close by.

You can see the full list of those affected below and they will close their doors between September and November this year.

It brings the total number of branches already shut, or earmarked to close, by the banking giant to 100 this year.

Lloyds Banking Group is behind Lloyds Bank, Halifax and Bank of Scotland. It also owns pensions firm Scottish Widows

What Lloyds and Halifax branches are closing?

HERE’S the full list of 44 branches that will close later this year.

Lloyds

  • Berkeley Square
  • Bournemouth Westbourne
  • Brighton Preston Circus
  • Brixham
  • Bromborough
  • Cardiff Rumney
  • Cheltenham Bath Rd
  • Church Village
  • Faversham
  • Gants Hill
  • Halstead
  • Haslemere
  • Hendon
  • Henley-on-Thames
  • Holsworthy
  • Kempston
  • Kentish Town
  • Leeds Horsforth
  • London Regent St
  • Mildenhall
  • Morley
  • Newport Maindee
  • Northwood
  • Oakham
  • Quinton
  • Sedgley Dudley
  • Stony Stratford
  • Tadley
  • Towcester

Halifax

  • Chertsey
  • Chesham
  • Cheshunt
  • Chesterfield Cent Pav
  • Fleet
  • Harpenden
  • Hinckley
  • Kenilworth
  • Manchester Cross St
  • Market Harborough
  • Pinner
  • Plaistow West Ham
  • Potters Bar
  • Rugeley
  • Upminster

No Bank of Scotland locations are affected.

Lloyds and others banks have been closing branches over the past few years because more customers are banking online rather than in person.

Vim Maru, the retail director at Lloyds Banking Group, said it had “seen customers carry out significantly fewer transactions at these locations”.

He said: “We’ve also seen our digital banking customers grow by over four million in five years, to almost 18 million, of which 13.6 million also choose to be active app users. 

“This means that, like many businesses on the high street, we must change for a future where branches will be used in a different way, and visited less often.”

Lloyds previously announced it was closing branches in January 2020 when 56 locations were earmarked to shut.

There were 15 of the group’s banks which closed their doors by March 2019 and 49 before that.

Some of those closures involved job losses but there will be no compulsory redundancies with the closures announced today. 

Lloyds isn’t the only bank to pull back from the high street and consumer group Which? calculates that 4,300 branches have been lost since January 2015.

HSBC, Natwest, Barclays, Santander, TSB are among the major banks to make closures during that time and the pandemic has led to a fresh wave.

Santander announced it is planning to close 111 branches by the end of August, and Marks & Spencer announced it was to close ALL current accounts and its 29 bank branches this year.

Nearly 500 cash machines, including 250 free-to-use ATMS, are also being axed every month leaving millions unable to withdraw funds, according to figures from Which?.

Local shops will give out cashback and the Post Office will offer banking services, as part of a plan to fix access to cash in communities.

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