The Lloyds Banking Group, which operates Lloyds Bank, Halifax, and Bank of Scotland, is closing 136 branches across the UK. The closures, attributed to the rise of mobile banking, will begin in May 2023 and continue until March 2026. Over 20 million customers use the group's banking apps, and while the exact number of affected workers is unknown, the group has assured staff that they will be offered positions elsewhere within the company.
Just days after it was announced that NatWest was to shut 53 of its branches across the UK – with the earliest closures to come in months – it's been revealed that another well-known branch will also close many of its locations. With over 100 new bank closures on the horizon.
But it has reassured staff that anyone who works at any of the affected branches will be offered a job elsewhere in the company. How many branches are to close? Lloyds Banking Group said it plans to shut a total of 136 branches overall across the country.
BANKING BRANCH CLOSURE LLOYDS BANKING GROUP MOBILE BANKING CUSTOMER IMPACT
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