Posted by Sam Fenny - Memes and headline comments by David Icke Posted on 1 December 2023

The end of cash agenda – Lloyds axes another 45 bank branches, bringing total number shut this year to 623 in new blow to Britain’s beleaguered 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 bring the total number of high street branches closed across the sector to 623 so far this year.

Locations include Lymington High Street in Hampshire, Orpington High Street in south-east London, and Dartford High Street in Kent.

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.

A full list of 45 Lloyds, Halifax and Bank of Scotland branches due to close

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, although 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.

A Lloyds Banking Group 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.’

Read More: Lloyds axes another 45 bank branches

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