Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Lloyds Banking Group shuts another 45 bank branches including 22 Halifax, 19 Lloyds and four Bank of Scotland – taking total closures in 2023 to 623 in blow to Britain’s high street

by November 30, 2023
November 30, 2023
Lloyds Banking Group shuts another 45 bank branches including 22 Halifax, 19 Lloyds and four Bank of Scotland – taking total closures in 2023 to 623 in blow to Britain’s high street

Lloyds Banking Group is shutting another 45 bank branches across its network amid the ongoing shift away from high street banking.

The group is shutting 22 Halifax branches, 19 Lloyds branches and four in the Bank of Scotland business.

The latest closures now bring the total number of high street branches closed across the sector to 623 so far this year.

It comes just a week after NatWest Group said it plans to close another 19 branches, mostly in the early part of next year.

Lloyds is set to close the bulk of the branches in March and April next year, with some also closing in August and a tranche in November.

It means that at least 276 branches will be shut across Lloyds, Halifax and Bank of Scotland this year and next.

The largest number of closures announced this year have been Barclays branches, with the bank saying 185 of its sites are set to shut.

Lloyds is second with 131, followed by NatWest with 116, Halifax with 94, Virgin Money with 40, Bank of Scotland with 32, Ulster Bank with 10, TSB with nine, Royal Bank of Scotland with five, and one Nationwide branch.

All NatWest sites will close in either the latter part of February or early March, the bank said.

Three of the Natwest sites are in London, while others include Redcar, Bradford, Birmingham, Maldon and Dudley.

There has been a massive exodus of branches from the high street in recent years, with 578 closing this year alone.

NatWest said: ‘Most of our customers are shifting to mobile and online banking.’ But it added that it was working to make sure people weren’t ‘left behind’ when branches close.

The one RBS branch that is set to close is on Sauchiehall Street in Glasgow, though it will stay open until November 19 next year.

The largest number of closures announced this year have been Barclays branches, with 185 of its sites set to shut.

Read more:
Lloyds Banking Group shuts another 45 bank branches including 22 Halifax, 19 Lloyds and four Bank of Scotland – taking total closures in 2023 to 623 in blow to Britain’s high street

0
FacebookTwitterGoogle +Pinterest
previous post
AI Minister unveils guidance to upskill UK workers
next post
RMT union votes to end rail strikes until at least spring

You may also like

As workers return to to the office, they...

March 3, 2023

Jaguar Land Rover owner set to build new...

June 13, 2023

Tech Nation calls for R&D cuts to be...

October 31, 2022

How fortunate were we, to have experienced Queen...

September 8, 2022

Free-range egg rules could be scrapped to help...

December 29, 2022

Liverpool hotels cancel Eurovision bookings as rates hit...

October 10, 2022

Government launches £1bn scheme to insulate middle-income homes

November 28, 2022

UK and US refuse to sign global AI...

February 11, 2025

Ticketmaster warns North American customers after major hack

July 9, 2024

Starling Bank Intensifies Legal Pursuit of Covid Loan...

June 20, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • House Dems urge GOP to condemn DHS for handcuffing Rep Nadler staffer, order Noem to testify

      June 3, 2025
    • EXCLUSIVE: Comer hails DOJ’s Biden probe as House investigation heats up

      June 3, 2025
    • Trump reaffirms hard-line on Iran nuclear deal: ‘will not allow any enrichment of uranium’

      June 3, 2025
    • Trump criticizes Rand Paul over tax bill opposition: ‘Votes no on everything’

      June 3, 2025
    • HHS ends Biden-era COVID-19 testing program that bled taxpayers years after pandemic

      June 3, 2025
    • The FTC Event that Wasn’t: The Attention Economy Workshop Misses an Opportunity for Meaningful Discussion

      June 3, 2025

    Categories

    • Business (8,129)
    • Investing (2,003)
    • Politics (15,490)
    • Stocks (3,122)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved