Yahoo Finance Lloyds to close 60 UK branches in online banking push
Lloyds (LLOY.L) has announced it will shut 60 branches, including Lloyds, Bank of Scotland and Halifax sites, across the UK, due to customers switching to online banking.
The UK's biggest domestic bank said it would cut branches across its various retail brands, including 24 Lloyds branches, 19 Bank of Scotland and 17 Halifax branches.
"Just like many other high street businesses, fewer customers are choosing to visit our branches," said Vim Maru, group retail director at Lloyds.
Employee union Unite criticised the move, arguing it would "rip the heart out of local communities" and claimed it would result in 124 job losses, although the bank has not said how many workers will be impacted.
Read more: HSBC to shut 69 bank branches with 400 jobs affected
Lloyds stressed it aims to offer a new role to all staff affected.
The UK's largest high street bank reported pre-tax profits of £6.9bn ($9.1bn), an increase from the £1.2bn achieved in 2020. However, fraud compensation hurt profits, the bank said.
Lloyds Bank branches affected and when
Aylesbury Gatehouse - 26/07/2022
Beaconsfield - 29/06/2022
Beaconsfield - 15/09/2022
Birmingham Temple Row - 01/08/2022
Bolton Westhoughton - 11/08/2022
Bradford Thornbury - 20/09/2022
Buckingham- 30/06/2022
Chandlers Ford - 10/08/2022
Chipping Campden - 30/06/2022
Colchester St Johns - 20/09/2022
Cottingham - 21/09/2022
Edgbaston - 06/07/2022
Knutsford - 07/07/2022
Liverpool Woolton - 14/07/2022
Lyndhurst - 13/07/2022
Marlow - 04/08/2022
Morriston Swansea - 21/07/2022
Oxford Summertown - 03/08/2022
Poulton-le-Fylde - 28/06/2022
Rushden - 26/07/2022
Shanklin - 28/07/2022
Shrewsbury Mount Pleasant - 11/08/2022
Smethwick - 21/07/2022
Swanwick - 25/07/2022
Tiptree - 25/07/2022
Halifax branches affected and when
Abingdon - 29/06/2022
Beaconsfield - 28/07/2022
Beccles - 05/07/2022
Belfast Shaftesbury - 28/06/2022
Bideford - 06/07/2022
Devizes - 27/07/2022
Doncaster Mkt Pl - 19/09/2022
Dunstable - 11/07/202
Finchley Central - 12/07/2022
Halifax Commercial St - 19/09/2022
Margate - 18/07/2022
Morriston - 18/07/2022
Penge - 10/08/2022
Totton - 19/07/2022
Wokingham - 20/07/2022
Worcester Park - 20/07/2022
Yeadon - 25/07/2022
Bank of Scotland branches affected and when
Aberdeen 201 Union St - 14/09/2022
Alness - 27/07/2022
Brechin - 02/08/2022
Broxburn - 09/08/2022
Carluke - 27/06/2022
Clarkston - 04/07/2022
Dunblane -07/07/2022
Dyce - 05/07/2022
Edinburgh Barnton - 13/07/2022
Edinburgh Shandwick - 13/07/2022
Forres - 11/07/2022
Glasgow Riddrie - 09/08/2022
Innerleithen - 04/08/2022
Kirkcudbright - 03/08/2022
Lockerbie - 08/08/2022
Selkirk - 08/08/2022
Shotts - 15/08/2022
Stromness - 17/08/2022
Troon - 21/09/2022
