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

Future Retirement Success

Business

Lloyds Banking Group announces closure of a further 136 branches

by January 29, 2025
January 29, 2025
Lloyds Banking Group announces closure of a further 136 branches

Lloyds Banking Group has announced plans to close another 136 high-street branches across the UK, with 61 Lloyds, 61 Halifax and 14 Bank of Scotland sites scheduled to shut between May and March 2026.

The move follows the bank seeing that more and more customers are conducting day-to-day transactions via digital platforms, with over 20 million people now accessing Lloyds, Halifax and Bank of Scotland services through apps.

Employees affected by the closures will be offered alternative positions within the group, which is expected to have 756 branches remaining by the end of March next year—down from its current total of around 932.

A Lloyds spokesperson emphasised that the shift to online banking provides “more choice and flexibility than ever”, though critics warn of the broader impacts. Michelle Lawson, director at Lawson Financial, labelled the closures “a potential death knell for the high street”, warning that local footfall could suffer and negatively affect independent businesses. Similarly, Albion Financial Advice director Dariusz Karpowicz pointed out that while the decline in branch usage is inevitable in a digital era, banks risk excluding elderly and vulnerable customers who depend on face-to-face services.

This latest announcement underscores an accelerating trend away from physical branches in the UK banking industry, with more institutions relying on digital channels to cater to evolving consumer habits.

Read more:
Lloyds Banking Group announces closure of a further 136 branches

0
FacebookTwitterGoogle +Pinterest
previous post
Jaguar land rover sees profits dip by 17% despite record quarterly revenue
next post
Chancellor needs to stop relying on selling futures and rethink economic strategy for the present

You may also like

Apple unveils $500bn US investment drive to circumvent...

February 24, 2025

How Does LP Work in League of Legends?

September 11, 2024

Secrets of Success: AJ Sharp, CEO and Founder...

February 11, 2024

Intergenerational Learning is Key for Building a Skilled...

July 26, 2024

Transform Your Online Presence: 6 Proven Tips for...

June 26, 2023

Wilko staff have grounds for hope, says GMB...

August 18, 2023

‘Blazing the trail for others’: easyJet founder Sir...

June 10, 2025

Jeremy Mendelsohn: Building Success Through Passion, Persistence, and...

December 19, 2024

UK Government urged to avoid replicating Irish housing...

August 7, 2024

Edinburgh, Manchester and Bristol lead UK’s high-growth business...

April 8, 2025

    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

    • 5 Tips to Turn First-Time Customers Into Regulars with Post-Service Follow-Ups

      June 14, 2025
    • Protecting Small Business Interests Through Divorce

      June 14, 2025
    • Why Talking to a Real Travel Agent Still Matters in 2025

      June 14, 2025
    • ‘All-in’: GOP lawmakers divided on US involvement as Trump pushes Iran for diplomatic end

      June 14, 2025
    • Democratic lawmakers criticize Israel’s defensive strikes against Iran’s nuclear sites

      June 13, 2025
    • Israel’s drone strikes in Iran show why US must halt China’s land grab here: experts

      June 13, 2025

    Categories

    • Business (8,208)
    • Investing (2,035)
    • Politics (15,646)
    • Stocks (3,147)
    • 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