Lloyds and Halifax to close 40 bank branches in England and Wales

  • 1/20/2023
  • 00:00
  • 4
  • 0
  • 0
news-picture

Lloyds and Halifax have become the latest high street banks to announce more branch closures, affecting 40 sites, adding to an industry tally of more than 200 branches shuttering in the coming months. Lloyds Banking Group, which owns both banks, said it planned to close 18 Halifax sites and 22 Lloyds branches in England and Wales, over a three-month period beginning in April. Customers had been visiting those branches in declining numbers, with visits falling by about 60% on average over the past five years, the bank said. The rise of digital banking has caused high street lenders to retreat from the high street with more than 200 additional closures in the pipeline for the coming months. At the end of 2022 HSBC said it planned to shut a further 114 UK outlets between April and August this year. NatWest is also axing a further 43 branches in the first half of 2023 while Barclays and TSB will shutter 24 sites between them. According to the consumer group Which?, UK banks and building societies have closed or announced the closure of more than 5,000 branches since January 2015. “Branches play an important part in our strategy but we need to have them in the right places, where they are well used,” said Lloyds. “We’ll continue to invest in branches that are being used regularly, alongside our online, mobile app and telephone services.” All of the branch locations announced for closure have at least one free to use ATM within a third of a mile and a Post Office within the same distance, it said. Lloyds said there would be no job losses as the staff are being offered roles in other branches or in another part of the business. The closures will leave the banking group with a network of 1,277 branches. Below is the full list of Halifax and Lloyds branches set to close. Lloyds closures Norbury – London Road – 19 April Pontefract – Ropergate – 20 April Beckenham – High Street – 20 April Gillingham, Kent – High Street – 25 April Chingford – Station Road – 25 April Dagenham – the Heathway – 26 April London – Marylebone High Street – 3 May Ipswich – Bramford Road – 4 May Weybridge – Church Street – 10 May Twickenham – Heath Road – 11 May Whitstable – High Street – 11 May Beeston – the Square – 11 May Wickersley – Bawtry Road – 15 May Borehamwood – Shenley Road – 22 May Littlehampton – Beach Road – 23 May Rustington – the Street – 5 June Aintree – Longmoor Lane – 6 June Shaftesbury – High Street – 13 June Newport – High Street – 13 June Ripley – Oxford Street – 14 June Hyde – Clarendon Place – 21 June Harrow – Northolt Road – 29 June Halifax closures Bangor – High Street – 17 April Chester Le Street – Front Street – 19 April London – Fenchurch Street – 19 April Aldershot – Union Street – 26 April Crouch End – Broadway Parade – 27 April Chorlton-cum-Hardy – Barlow Moor Road – 27 April Golders Green – North End Road – 3 May Putney – Putney High Street – 4 May Norbury – London Road – 4 May Surbiton – Victoria Road – 10 May Chingford – Chingford Mount Road – 15 May Redruth – Fore Street – 16 May Bletchley – Queensway – 18 May Maldon – High Street – 5 June St Neots – High Street – 6 June Whitley Bay – Park View – 21 June Purley – Purley Parade, High Street – 22 June Grays – High Street – 22 June

مشاركة :