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Lloyds and Halifax to close 28 more branches

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The closures will see will see 20 Lloyds Bank and eight Halifax branches disappear from high streets between August and November this year. Photo: PA
The closures will see will see 20 Lloyds Bank and eight Halifax branches disappear from high streets between August and November this year. Photo: PA

Lloyds and Halifax are set to close 28 more branches across the UK.

Owner of the high street banks Lloyds Banking Group (LLOY.L) said the closures were due to declining usage of in-branch banking.

Vim Maru, group retail director at Lloyds, said in a statement: "On average, visits to these 28 branches have dropped by 60% since 2016, while we now have 18.6 million regular online banking customers and over 15 million mobile app users."

The closures will see will see 20 Lloyds Bank and eight Halifax branches disappear from high streets between August and November this year.

The move will affect 69 full-time workers, according to Unite union.

Lloyds said it would aim to support staff impacted and move those who wanted to stay to a new role.

Read more: HSBC to shut 69 bank branches with 400 jobs affected

Caren Evans, Unite national officer said: “The branch closure announcement today that another profit making financial institution is failing to consider the needs of consumers and staff beggars’ belief. This news is another example of a bank choosing to walk away from the communities who need access to banking.

“The actions of Lloyds Banking Group over the last few months are completely inexcusable. The management is letting down customers and their dedicated workforce.

“These closures will leave some customers more than 10 miles from their nearest bank branch. This is a betrayal of some of the most vulnerable, elderly and socially excluded in our communities who need local access to community banking.”

The move comes after the group announced the closure of 60 UK branches in March.

Lloyds Banking Group, which also owns Royal Bank of Scotland, said each of the affected branches had a free cash machine or Post Office within one mile which will give customers access to limited banking services, according to the Mirror.

Read more: Royal Mint unveils 50p Pride coin to celebrate 50 years of LGBTQ+ legacy

Over 5,000 bank and building society branches have been shut down across the UK since 2015, according to Unite.

In March, HSBC (HSBA.L) announced the closure of 69 branches across its wider bank network in the UK, in a move that will affect 400 jobs.

Lloyds branches closing and date of closure:

Norwich Heartsease - 23/08/2022

Thatcham - 24/08/2022

Ashby-de-la-Zouch - 25/08/2022

Bilborough Nottingham - 31/08/2022

Broadstone - 31/08/2022

Letchworth - 01/09/2022

Nottingham Hyson Green - 06/09/2022

Oadby - 06/09/2022

Plympton - 07/09/2022

Verwood - 07/09/2022

Ilfracombe - 12/09/2022

Whickham - 12/09/2022

Atherstone - 13/09/2022

Hadleigh - 14/09/2022

Swanage - 19/09/2022

Ystrad Mynach - 20/09/2022

Bourne - 21/11/2022

Heald Green - 22/11/2022

Banstead - 24/11/2022

Williton - 24/11/2022

Halifax branches closing and date of closure

Coalville - 22/08/2022

Falmouth - 07/09/2022

Hoddesdon High St - 01/09/2022

Manchester Trafford - 05/09/2022

Lewes - 05/09/2022

Walton Vale - 08/09/2022

Dover - 13/09/2022

Dorchester - 22/11/2022

Watch: Why your bank statements might say buy-now-pay-later without you realising

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