Overview
- Lloyds Banking Group has confirmed 40 Lloyds Bank sites and 15 Halifax locations will shut in 2026.
- Closures are scheduled in two waves across January to March and again in October, with local outlets publishing full lists and dates.
- The group says more than 21 million customers now prefer to manage money via apps, a key factor in the decision.
- Mitigations include banking hubs, potential visiting Community Bankers, and Deposit Services identified through independent reviews.
- Customers are warned they may need to travel farther for cash transactions, as the UK has already seen over 6,000 branch closures since 2015, according to Which?.