
Nearly 300 bank branches will be closed by Lloyds Banking Group in 2025 and 2026
We examine the sites designated for closure by Lloyds Bank, Halifax, and Bank of Scotland.
In 2025 and 2026, Lloyds Banking Group plans to close nearly 300 high street bank branches, and this year, they will close another one.
The Lloyds store at 608 Bromford Lane in Ward End, Birmingham, is the other location that will close. On July 9, 2025, the branch will close its doors.
The most recent closure follows the banking group's announcement in January 2025 of a new round of bank closures.
They stated at the time that 146 locations would already be closing in 2025, and that at least 136 more branches would follow suit by March 2026.
The banking group also announced that on May 14, 2025, it will temporarily close its sole Halifax branch in Lincoln, which is situated at 18 Cornhill.
Compared to the more than 2,200 Lloyds Banking Group branches it had ten years ago, there will only be 756 remaining in the UK after hundreds of closures were announced in 2024.
As a result of customers increasingly using digital banking services to access their savings, the banking group, which includes Lloyds, Halifax, and Bank of Scotland, is joining other high-street providers in closing branches.
These include Barclays, which is closing 99 branches by the end of this year, Santander, which intends to close 95 branches nationwide, and NatWest, which is closing 53 branches in the first half of 2025.
For what reason is Lloyds shutting down hundreds of locations?
In the last ten years, over 6,000 bank branches in the UK have closed, including over 1,000 locations owned by the Lloyds Banking Group.
The closures, according to Lloyds, are the result of more people choosing to conduct their banking online. Lloyds claims to have more than 20 million digital users at the moment. Meanwhile, in some of the branches that will be closing, over-the-counter transactions have decreased by as much as 50%.
The trend of bank closures has caused consumers to react in different ways. Campaign director Andrew Beverly of Campaign for Cash told BFIA: "It's unfortunate that Lloyds Banking Group is continuing to reduce the number of its branches. Not everyone can or wants to bank online, and this is destroying communities across the nation, especially in rural areas.
Furthermore, he stated: "While commendable, banking hubs that are meant to bridge the gap left by the big banks are merely a drop in the ocean, and their implementation needs to be accelerated to satisfy the in-person banking requirements of people throughout the United Kingdom.
The action has also received praise. The head of money and markets at Hargreaves Lansdown, Susannah Streeter, stated: "Lloyds is closing more banks throughout its network, which is like swimming with a swiftly flowing tide. Despite its emphasis on traditional lending, the majority of consumers no longer need to visit a physical location to obtain loans or mortgages because digital services are now so prevalent.
Despite praising Lloyds for "trying to stay lean," Streeter pointed out that "provision for more vulnerable clients who find online banking harder to access money still needs to be made."
Other methods for obtaining banking services.
You may be worried about how to get your money because so many banks and building societies are going out of business. Older clients may find it difficult to use the digital banking services that banks are providing as alternatives to physical branches, so this is a particular problem for them.
Moving to a bank that still has a branch close to you might be an option if the closures of your local branch affect it. If you do choose to change banks, make sure to read our guide. You can now receive up to £175 in cashback when you switch, which will make the process a little more enjoyable.
Finding a banking hub is the next best option. Customers from different banks and building societies can use these hubs, which are shared banking facilities, to perform banking functions like making deposits and withdrawals, paying bills, and consulting with advisors. Customers from various providers can access banking hubs, but you must have an account with one of the following providers.
The good news is that there are more banking hubs. These include Barclays, HSBC, Lloyds Bank, NatWest, Santander, TSB, Virgin Money, Bank of Ireland, UK, and Danske Bank. About 100 shared hubs are open in the UK right now, and in 2025, ATM network Link intends to open 14 more banking hub locations.
Labour has also committed to opening 350 banking hubs in the next five years, recognizing the lack of high street banking services as a problem for consumers.
If there isn't yet a banking hub in your area, you can use one of the 11,635 Post Office branches located throughout the UK as an alternative to a bank or building society. Withdrawals and deposits are among the "everyday banking" services provided by the majority of post offices.
Complete list of the branches that Lloyds Bank Group is closing.
By March of next year, all 137 Lloyds Banking Group branches will close.
Closings at Lloyds Bank Lloyds Bank plans to close 61 additional branches. In addition, hundreds of branches have been closed in recent years. A complete list of the recent closures can be found here.
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