Lloyds Banking Group to close another 95 branches

Man walk in front of a Lloyds Bank branch.

Another 95 branches will be closed by Lloyds Banking Group, as many banks continue to reduce their presence on the High Street.

The group said 53 Lloyds, 31 Halifax and 11 Bank of Scotland sites would shut between May this year and March 2027.

Lloyds, the biggest banking group in the UK, said it offered a range of options for people to manage their money.

The latest announcement is in addition an ongoing closure programme by the bank which will see 49 sites shut by October.

Lloyds will have 610 branches remaining once all the announced closures are complete.

A spokesperson for Lloyds said: "Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before."

More than 21 million customers use Lloyds' apps as their main way to bank, the spokesperson added.

Less than two weeks ago, Santander said it was closing a further 44 branches, putting 291 jobs at risk.

Banking apps and an increasing number of services provided remotely have led to less use of branches by customers, and closure programmes across the UK.

However, late last year, the UK's biggest building society, the Nationwide, pledged to keep all of its 696 branches open until at least 2030, although it too has closed branches in the past.

Banking hubs see banks share premises and serve customers from across the spectrum. A number of new sites have opened, but at a slower rate than the closure of individual bank branches.

The full list of Lloyds' branches closing is as follows:

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Mr. Lee

Mr. Lee is a passionate writer with a deep appreciation for exploring diverse subjects. His curiosity and thoughtful perspective allow him to engage with a wide range of topics, bringing clarity and insight to his work.

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