Lloyds Banking Group to shut 60 branches across UK as customers make online switch

Lloyds Bank
Lloyds Bank
Wikicommons
Tom Evans

By Tom Evans


Published: 23/03/2022

- 12:20

Updated: 23/03/2022

- 12:31

Lloyds, Bank of Scotland and Halifax sites will all be included

24 Lloyds Bank, 19 Bank of Scotland and 17 Halifax sites will be shut.

The move comes as customers switch to online banking.


Trade union Unite has said the move could result in 124 job losses, although the company has not said how many workers will be affected.

Lloyds stressed it aims to offer a new role to all staff affected.

The company said the move was driven by a surge in online banking demand over recent years, while branch footfall has dwindled.

Vim Maru, group retail director at Lloyds Banking Group, said: “Just like many other high street businesses, fewer customers are choosing to visit our branches.

“Our branch network is an important way for us to support our customers but we need to adapt to the significant growth in customers choosing to do most of their everyday banking online.”

You may like