Another 36 bank branches to close in latest blow to high street
Four banks are to close a total of 36 branches in the latest blow to the High Street, adding to the string of closures seen in recent years.
Lloyds Bank will close 18 sites, 15 Halifax branches will close and two Bank of Scotland branches will also be axed. All companies are part of Lloyds Banking Group.
The closures will occur between January and September of next year. A branch operated by NatWest will also close.
Closures: Lloyds Bank will close 18 branches, 15 Halifax branches will close and two Bank of Scotland branches will also be axed. All companies are part of Lloyds Banking Group.
Like other lenders that have been closing sites, Lloyds said branch visits had declined as more customers bank online.
However, campaigners argue that elderly and vulnerable account holders, some of whom have difficulty using the internet or app-based platforms, are being left stranded.
Lloyds said usage at the 35 branches slated for closure had fallen by an average of 54 per cent over the past five years.
The company said all locations had a post office nearby.
Figures collected by consumer group Which one? show that 662 branches were closed industry-wide last year.