Lloyds plans to close a further 55 bank branches | Lloyds Banking Group

Lloyds Banking Group is planning to do this another 55 bank branches are closingThis brings the total number of shutters to be closed by 2026 to almost 300.

The latest closures are set to begin in the new year and will include Halifax, Bank of Scotland and Lloyds-branded branches in locations from Surbiton to Port Talbot, Burgess Hill and Didcot.

It means Lloyds Banking Group will close 292 branches in the two years between January 2024 and December 2025 as part of a wider business trans­for­mation aimed at cutting costs and encour­aging customers to bank digitally.

Lloyds said trans­ac­tions across its 55 branches had fallen 55% over the past five years, while use of its mobile banking app had increased.

Once all previ­ously announced closures are complete, the group will have a network of 892 branches, including 447 Lloyds Bank locations, 341 Halifax-branded branches and 104 Bank of Scotland locations.

New rules coming into force next week mean banks and building societies must ensure any commu­nities they leave have other ways to get cash. Lloyds said on Friday that all commu­nities affected by the 55 branch closures were within reasonable distance of services such as the post office or a free ATM.

It is not expected that the closures will result in job cuts, but employees will be offered alter­native positions, including in other branches. According to the Accord union, which repre­sents Lloyds employees, many are also choosing to work from home using online or telephone banking.

However, Accord general secretary Ged Nichols said it was important to remember that branches had a broader role to play in the commu­nities they serve. “We have an excellent track record of preventing redun­dancies and finding alter­native jobs for employees during store closures,” he added.

“However, we believe that the ongoing program of bank branch closures – not just Lloyds – should be recon­sidered in light of how their services can poten­tially help bridge the digital divide. This could mean, for example, supporting people who need to sign up for pension credits to access their winter fuel allowance and get what they are entitled to. Branches could better serve their commu­nities.”

On Thursday, British retail bank bosses from lenders including NatWest, HSBC, Lloyds and Santander met with City Minister Tulip Siddiq and agreed to open 350 banking centers by the end of the parlia­mentary session to offset the number of branch closures.

Through these hubs, customers can deposit checks, deposit cash and have one-on-one conver­sa­tions with a local banker, regardless of which lender they bank with. Bosses are also consid­ering setting up printers at their headquarters to make it easier for employees to print out bank state­ments or documents.

“Banking centers are a lifeline for local commu­nities that have lost their last bank branch. I am confident that banks will honor the commitment they made today and take a more proactive approach to meet the needs of local commu­nities,” Siddiq said in a statement.

Lloyd’s The closure of banking groups was announced this week

• Lloyds Bank/Baker Street 06/01/25

• Lloyds Bank/Beccles 05/06/25

• Lloyds Bank/Brecon 02/11/25

• Lloyds Bank/Derby Allenton 01/23/25

• Lloyds Bank/Dewsbury 03/10/25

• Lloyds Bank/Fakenham 05/06/25

• Lloyds Bank/Hitchin 04/07/25

• Lloyds Bank/Kendal 02/10/25

• Lloyds Bank/Leeds Armley 09/08/25

• Lloyds Bank/Leeds Harehills 08/01/25

• Lloyds Bank/Macclesfield 28/01/25

• Lloyds Bank/Matlock 05/07/25

• Lloyds Bank/Monmouth 05/08/25

• Lloyds Bank/New Milton 13/05/25

• Lloyds Bank/Southampton Bitterne Road 06/09/25

• Lloyds Bank/Southampton Shirley 28/01/25

• Lloyds Bank/Surbiton 03/04/25

• Lloyds Bank/Thetford 13/05/25

• Lloyds Bank/Wisbech 22/01/25

• Halifax/Bitterne 06/09/25

• Halifax/Bulwell 01/21/25

• Halifax/Burgess Hill 03/04/25

• Halifax/Camberley 03/11/25

• Halifax/Chippenham 15.04.25

• Halifax/Didcot 10.03.25

• Halifax/Eccles Church Street 01/25/07

• Halifax/Gosport 03/12/25

• Halifax/Kendal 02/10/25

• Halifax/Liverpool Old Swan 08/01/25

• Halifax/London Edgware Road 06/01/25

• Halifax/Longton 08.01.25

• Halifax/Malton 04/08/25

• Halifax/Monmouth 01/23/25

• Halifax/Morecambe 07/01/25

• Halifax/Newbury 04/16/25

• Halifax/North Shields 01/28/25

• Halifax/Northallerton 04/28/25

• Halifax/Oswestry 04/28/25

• Halifax/Palmers Green 9/1/25

• Halifax/Port Talbot 01/29/25

• Halifax/Runcorn 04/29/25

• Halifax/Shirley 09/01/25

• Halifax/­Sutton-in-Ashfield 16/01/25

• Halifax/Tamworth 04/29/25

• Halifax/Thetford 02/04/25

• Halifax/Tonbridge 09.01.25

• Halifax/Walton-on-Thames District 01/27/25

• Halifax/Wellington 07.01.25

• Halifax/Winchester 01/20/25

• Halifax/Wisbech 01/22/25

• Halifax/Witney 04/30/25

• Bank of Scotland/Golspie 02/04/25

• Bank of Scotland/Langholm 04/07/25

• Bank of Scotland/Leven High Street 05/07/25

• Bank of Scotland/Montrose 03/10/25