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Lloyds to Close Eight More Branches Next Week Amid Digital Shift

The closures, scheduled from May 12 to May 15, 2025, are part of Lloyds Banking Group's plan to shutter 254 branches by 2026 as customer behavior increasingly favors online banking.

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Overview

  • Lloyds Bank will close eight branches across the UK next week, citing declining footfall as customers shift to digital banking services.
  • The affected branches are located in Launceston, Pontyclun, New Milton, Wetherby, Margate, Newland University, Alnwick, and Prudhoe, with closures staggered between May 12 and May 15, 2025.
  • This move is part of Lloyds Banking Group's broader plan to shut 254 branches, including 166 Lloyds Bank locations, by the end of 2026.
  • Customers can access everyday banking services at any Lloyds, Halifax, or Bank of Scotland branch, as well as through 139 shared banking hubs and Post Office counters nationwide.
  • The closures reflect an industry-wide trend, with competitors like NatWest, Barclays, and Santander also scaling back physical branch networks in favor of digital solutions.