Bank branch closures are continuing into 2024 with Lloyds Banking Group shutting down over 100 sites
Lloyds Banking Group is set to close 123 branches across the UK in 2024 in a blow to Britain’s high streets. The group, which includes Lloyds Bank, Halifax and Bank of Scotland is moving away from in-person services to online banking through the bank branch closures.
Yesterday, Lloyds Banking Group confirmed it was set to axe 1,600 jobs across its branch network as part of the transition. Lloyds announced it would create 930 new roles as part of the strategy which means a net reduction of 769 reductions.
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Here is a full list of the bank branch closures dates from Lloyds Banking Group, including Lloyds Bank, Bank of Scotland and Halifax, in 2024, according to Which?:
Lloyds Bank
Bank of Scotland
Halifax
Multiple high street banks and building societies have made the decision to close physical branches in recent months.
GB News has previously covered the recent closures, including NatWest, as well as the impact on communities as millions are set to be cashless.
A Lloyds spokesperson said: “The way customers choose to bank with us has changed rapidly in recent years, and we now offer a wide range of options for their everyday banking needs.
“This includes our mobile app, online and over the phone. Customers can also bank with us through the Post Office, in a Banking Hub or by speaking to a Community Banker.
“All colleagues will be offered other roles across our business.
“All of the branch locations announced for closure have alternative options for accessing cash nearby, such as a Post Office, or free-to-use ATM.
“More Community Bankers will be introduced, in addition to those already helping communities, to provide targeted banking support where a branch is closing.”
Concerns have been raised over the impact of branch closures on rural areas and the wider move to a cashless society with vulnerable communities at risk of losing access to vital banking services.