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UK Banks to Close Over 100 Branches in June as Digital Shift Accelerates

NatWest, Lloyds, and Santander lead closures while Barclays halts further announcements through 2026.

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Overview

  • NatWest will close 53 branches in June 2025, citing a shift to digital banking with over 80% of its customers using online services.
  • Lloyds Banking Group plans 18 closures in June, part of 254 branch shutdowns scheduled for 2025 across its brands, including Halifax and Bank of Scotland.
  • Santander confirms 23 branch closures in June, affecting locations across the UK and reflecting broader industry trends.
  • Barclays, which has closed over 1,200 branches since 2015, announced it will not make further closure announcements for 2025 or 2026.
  • To mitigate service gaps, banks are investing in alternative access points, including over 11,000 Post Office branches, mobile banking units, and community banking hubs.