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29 Jan 2025 | 13:07

Lloyds Bank to close 136 branches in further blow to high street

(Sharecast News) - The slow death of high street banking continued on Wednesday as Lloyds Banking Group said it was closing another 136 branches across the UK. There were no details of how many staff would lose their jobs, but the bank said staff working in the affected branches would be offered another role at another branch or in a different part of the business.

It is shuttering 61 Lloyds branches along with 61 Halifax and 14 Bank of Scotland sites, starting in May with a forecast completion date of March 2026.

The latest round of closures will bring the total down to 756 by the end of March 2026.

Reporting by Frank Prenesti for Sharecast.com
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