Lloyds Banking Group has confirmed plans to shut down 45 branches across the UK, leaving customers in regions like Yorkshire, the East Midlands, and Hitchin searching for alternatives. The move is part of the bank's ongoing shift towards digital services, as footfall in physical branches continues to decline.
Which Branches Are Closing?
The closures will affect Lloyds, Halifax, and Bank of Scotland branches, with locations in Yorkshire and the Humber, the East Midlands, and Hitchin among those set to close their doors. The bank has assured customers that support will remain available through online banking, mobile apps, and post office services.
Why Are Branches Closing?
Lloyds cited a significant drop in in-person transactions as more customers switch to digital banking. A spokesperson said: "As more customers choose to manage their money online, we’ve seen a sustained decline in branch visits. We’re committed to helping customers transition smoothly to digital alternatives."
What Does This Mean for Customers?
Affected customers will receive guidance on alternative banking options, including nearby branches that will remain open, post office services, and digital support. The bank has also pledged to assist vulnerable customers who may struggle with the transition.
The closures are expected to be completed by the end of the year, with exact dates varying by location.
