Business news

Lloyds

Next year, Lloyds Banking Group will close another 49 branches on its Lloyds Bank, Halifax and the Bank of Scotland Brands.

The closure will take place between January 2026 and October 2026, marking a further retreat from in-person banking. Lloyds said the shift reflects changing habits, with 21 million people now using their apps to manage their funds.

The move will have 26 Lloyds branches, 10 Halifax branches and 13 Scottish branches closed. Locations ranging from Tain in the Scottish Highlands are scheduled to close on January 12 to Wandsworth in London, and are scheduled to close on January 15.

The organization said all affected employees will take on other roles. It will still have 705 branches nationwide: 359 Lloyds, 269 Halifax and 77 banks in Scotland.

To offset the closure, Lloyds has committed to supporting cash access to affected communities. Link, a UK-based cash computer network, has recommended 11 new banking hubs in towns, including Buxton, Cambourne, Chipstow, Transactions, Golseyton, Grangemouth, Harbourne, Hawk, Reed, Reed, Stanford and Tottenton. Customers can also access banking services using the post office and over 30,000 payroll locations.

The announcement came just one week after NatWest said it would occupy 46 mobile branches in the UK, highlighting the scale of the shift to digital banking.

Lloyds insists that closure is part of its strategy of “the best digital convenience to integrate with our people”. A spokesperson said: “With our app, our customers can use any Lloyds, Halifax or Scottish Bank branch, post office or bank hub for every day banking business.”

Bank branches closed

Derbyshire Alfreton – January 19

Ammanford, California County, Wales – January 12

Bidford, Devon – January 13

Habourne in the West Midlands – October 9

Camburn, Cornwall – October 7

Chipstow, Monmouth County, Wales – October 7

CO DURHAM CHESTER-LE-Street – January 14

Kent Trading – January 22

Hampshire Fleet – January 13

Gillingham, Dorset – January 8

Gorseinon, Swansea, Wales – October 12

Hampshire Havant – January 19

The end of the hedge in Hampshire – January 21

Heden, Yorkshire – January 28

Devon Ivybridge – January 14

Lewis, East Sussex – January 19

London Mitchem – January 8

New Addington, London – January 14

Oakhampton, Devon – March 25

Cornwall Penzins – January 21

Petersfield, Hampshire – January 21

Reed, Isle of Wight – January 21

Stamford, Lincolnshire – January 20

Swadlincote, Derbyshire – January 20

Buxton, Derbyshire – January 20

Totnis, Devon – January 8

Torton, Hampshire – January 19

Kent Trading – January 22

East Sussex Hastings – January 22

Havant, Hampshire – January 15

Middleton, Greater Manchester – January 8

Westford, East Sussex – January 19

Yorkshire Skipton – January 26

Wandsworth, London – January 15

Somerset Yeovil – January 12

Bell Hill, North Lanarkshire – January 12

Douglas Castle, Dumfries and Galloway – January 22

Dingwall, Easter Rose – March 25

Renfrewshire Erskine – January 13

Wester Ross’s Gairloch – January 15

Glasgow Anniesland – January 12

Grangemouth, Falkirk – October 9

Harveyk, County Rocksburg – October 7

Raggs, North Ayrshire – March 25

Lackhall, South Lanarkshire – January 8

Highland Nain – January 20

St Andrews, Favre – January 20

Tyne, Highlands – January 12


Jamie Young

Jamie is a senior journalist in business affairs, bringing more than a decade of experience in the UK SME report. Jamie holds a degree in business administration and regularly attends industry conferences and workshops. When not reporting the latest business developments, Jamie is passionate about coaching emerging journalists and entrepreneurs to inspire the next generation of business leaders.



Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button