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Lloyds, Halifax and Bank of Scotland branches to be shut

  • Lloyds Banking Group is closing 45 branches, bringing the total closures in the industry to 623 this year. Barclays has closed the most branches with 185.
  • The closures are a response to the decline in demand for branch services as more customers use online banking. The Bank of Scotland is ending its mobile branch services due to low usage.
  • Despite efforts to provide alternative banking services, consumer groups argue that many customers still struggle to access the services they need.
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  • 63% of the sources are Center
63% Center
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BBC News broke the news in United Kingdom on Wednesday, November 29, 2023.
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