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Major UK lenders to close nearly 80 high-street branches in June

The closures respond to a rise in digital banking that has cut over-the-counter transactions by nearly half in five years.

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Overview

  • Nearly 80 high-street branches will close in June 2025, including 16 Lloyds, 15 Halifax, 24 NatWest, 23 Santander and one TSB outlet
  • Banks have shuttered over 6,300 branches since January 2015, reducing their physical networks by 64 percent
  • Halifax will shut nine branches between June 2 and June 5 as part of a plan to close 61 sites by March 2026
  • Institutions cite a 48 percent drop in over-the-counter transactions over the last five years as customers shift to digital services
  • Customers of closing branches can use more than 11,000 Post Office locations, 139 shared banking hubs or telephone and community banker services