Yahoo Movies Lloyds Banking Group closures list: The 44 branches to go this year
Lloyds Banking Group revealed on Wednesday that it is to close 44 branches across England and Wales this year.
The decision will see nine London sites close their doors, including a large Lloyds branch on Regent Street. A Halifax in Pinner and Lloyds branches in Kentish Town and Gants Hill are also among branches to shutter.
In total, 29 Lloyds Bank branches and 15 Halifax branches will close. See the full list below.
Many Britons have shifted their financial management online during the pandemic. Lloyds Banking Group said its branch transactions have fallen by 10% per year in the five years to March 2020, and have slumped further since Covid hit.
Vim Maru, Retail Director for Lloyds Banking Group, put the decision to close the 44 branches down to the fact the group has seen customers carry out fewer transactions at those locations in particular.
He pointed to the group’s surge in online banking customers, and said: “Like many businesses on the high street, we must change for a future where branches will be used in a different way, and visited less often.”
Unite Union slammed the decision as “a bitter blow for customers, staff and local communities”.
Unite national officer, Caren Evans, said the move “will deny our communities of essential services such as access to cash and experienced highly trained staff”.
But Maru said that the group will “continue to give our customers a choice in how they bank, with branches sitting alongside telephone banking, online and mobile banking, our video appointment services, our cashback through local shops programme, our participation in the industry BankHUB cash initiative and 11,500 Post Offices, at which our customers can bank and access cash”.
The group said that no compulsory redundancies were made as a result of the decision, and that it had consulted its unions, Accord and Unite.
The full list of Lloyds and Halifax branches set to close:
Lloyds - Bournemouth Westbourne
Lloyds -Cardiff Rumney
Lloyds - Leeds Horsforth
Halifax - Manchester Cross St
Lloyds - Northwood
Halifax -Plaistow West Ham
Lloyds -Stony Stratford
Lloyds - Church Village
Lloyds - Morley
Lloyds - London Regent St
Lloyds - Oakham
Lloyds - Brixham
Lloyds - Quinton
Lloyds - Mildenhall
Lloyds - Berkeley Square
Halifax - Chesham
Lloyds - Faversham
Halifax - Chertsey
Lloyds - Brighton Preston Circus
Lloyds - Gants Hill
Halifax - Fleet
Lloyds -Halstead
Lloyds - Holsworthy
Halifax - Harpenden
Lloyds - Henley-on-Thames
Lloyds - Hendon
Halifax - Potters Bar
Lloyds - Kempston
Halifax - Kenilworth
Lloyds - Towcester
Halifax - Hinckley
Lloyds - Kentish Town
Halifax - Market Harborough
Lloyds - Tadley
Halifax - Upminster
Halifax - Rugeley
Lloyds - Bromborough
Lloyds - Cheltenham Bath Rd
Halifax - Cheshunt
Lloyds - Haslemere
Lloyds - Newport Maindee
Halifax - Pinner
Lloyds - Sedgley Dudley
Halifax - Chesterfield Cent Pav
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