Lloyds Banking Group to Close 136 Branches Across UK by 2026
The closures include Lloyds, Halifax, and Bank of Scotland branches, driven by a shift to online banking services.
- Lloyds Banking Group will shut 61 Lloyds, 61 Halifax, and 14 Bank of Scotland branches between May 2025 and March 2026.
- The closures are attributed to increasing customer reliance on online and mobile banking, with over 20 million users of the group’s digital platforms.
- All employees affected by the closures will be offered alternative roles within the company.
- Customers can continue to access banking services through apps, telephone banking, Post Office locations, Banking Hubs, and other branches within the group.
- Since 2015, over 6,000 UK bank branches have closed as part of a broader industry trend toward cost-cutting and digital transformation.