Lloyds and Halifax announce plans to axe 40 more branches later this year

Britain’s vanishing High Street banks: Lloyds and Halifax announces plans to axe 40 more branches later this year in another bitter blow for people trying to do their banking in person..so does YOUR local branch face closure?

  • Closures – nearly all are in England – will take place between April and June 

Another 40 bank branches are to be lost from the UK’s high streets, as Lloyds and Halifax announced more closures.

Lloyds Banking Group, which owns both high street banks, is to close 18 Halifax sites and 22 Lloyds branches – all but one of which are in England – between April and June this year. 

The group said the branches to be closed have seen the number of visits drop by about 60 per cent on average in the last five years. 

Banks across the country have scaled back their branch networks.

Another 40 bank branches are to be lost from the UK's high streets, as Lloyds and Halifax announced more closures. Above: Lloyds Bank outlet in London (file photo)

Another 40 bank branches are to be lost from the UK’s high streets, as Lloyds and Halifax announced more closures. Above: Lloyds Bank outlet in London (file photo)

The bank branches that will close include 18 Halifax sites in Golders Green, north London, Maldon, Essex, and Bletchley, Buckinghamshire, among others

The bank branches that will close include 18 Halifax sites in Golders Green, north London, Maldon, Essex, and Bletchley, Buckinghamshire, among others

The number of people using in-person services has been falling for years as more and more people do their banking online.

During the pandemic this increased, as some of those who had stuck to bank branches were forced to learn how to bank from home.

A spokesman said: ‘Branches play an important part in our strategy but we need to have them in the right places, where they are well-used.

‘We’ll continue to invest in branches that are being used regularly, alongside our online, mobile app and telephone services.’

The bank branches that will close include 18 Halifax sites in Golders Green, north London, Maldon, Essex, and Bletchley, Buckinghamshire, among others.

The 22 Lloyds branches to be lost include those in Dagenham, east London, Ipswich, Suffolk, Twickenham in south-west London and Harrow in north-west London.

The only site not in England is Halifax’s Bangor branch, in Wales.

All the branches are within a third of a mile of at least one free-to-use cashpoint and a Post Office, the group said.

The closures will not lead to any job losses, it added.

The latest announcement brings the total number of bank branch closures that have been announced so far this year to 64.

Earlier in the month TSB announced it would be shutting nine sites, and Barclays named 15 for closure.

THE FULL LIST OF HALIFAX AND LLOYDS BRANCHES SET TO CLOSE 

Lloyds and Halifax have become the latest to announce a series of bank branch closures across England and Wales.

Lloyds Banking Group, which owns both high street banks, is to close 18 Halifax sites and 22 Lloyds branches between April and June this year.

It adds to 64 closures that have been announced since the beginning of the year, with Barclays and TSB saying they will shut 24 sites between them.

Below is the full list of Halifax and Lloyds branches set to close in the coming months.

Lloyds

Norbury – London Road – April 19

Pontefract – Ropergate – April 20

Beckenham – High Street – April 20

Gillingham – High Street – April 25

Chingford – Station Road – April 25

Dagenham – The Heathway – April 26

London – Marylebone High Street – May 3

Ipswich – Bramford Road – May 4

Weybridge – Church Street – May 10

Twickenham – Heath Road – May 11

Whitstable – High Street – May 11

Beeston – The Square – May 11

Wickersley – Bawtry Road – May 15

Borehamwood – Shenley Road – May 22

Littlehampton – Beach Road – May 23

Rustington – The Street – June 5

Aintree – Longmoor Lane – June 6

Shaftesbury – High Street – June 13

Newport – High Street – June 13

Ripley – Oxford Street – June 14

Hyde – Clarendon Place – June 21

Harrow – Northolt Road – June 29

Halifax

Bangor – High Street – April 17

Chester Le Street – Front Street – April 19

London – Fenchurch Street – April 19

Aldershot – Union Street – April 26

Crouch End – Broadway Parade – April 27

Chorlton-cum-Hardy – Barlow Moor Road – April 27

Golders Green – North End Road – May 3

Putney – Putney High Street – May 4

Norbury – London Road – May 4

Surbiton – Victoria Road – May 10

Chingford – Chingford Mount Road – May 15

Redruth – Fore Street – May 16

Bletchley – Queensway – May 18

Maldon – High Street – June 5

St Neots – High Street – June 6

Whitley Bay – Park View – June 21

Purley – Purley Parade, High Street – June 22

Grays – High Street – June 22

Source

Related posts