Lloyds to close 60 branches as part of online banking

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The Unite union says 124 jobs are at risk at Lloyds, although the bank has not said how many workers will be affected. Photo: Peter Nicholls/Reuters

Lloyds (LLOY.L) has announced the closure of 60 branches, including Lloyds, Bank of Scotland and Halifax locations, across the UK as customers shift to online banking.

The UK’s biggest national bank said it would cut branches across its various retail brands, including 24 Lloyds branches, 19 Bank of Scotland and 17 Halifax branches.

“Like many other high street businesses, fewer customers are choosing to visit our branches,” said Vim Maru, Group Retail Director at Lloyds.

Employees’ union Unite criticized the move, arguing it would “rip the hearts out of local communities” and claimed it would result in the loss of 124 jobs, although the bank did not say how many workers would be affected.

Read more: HSBC to close 69 bank branches and 400 jobs affected

Lloyds stressed that it aims to provide a new role for all relevant staff.

Britain’s biggest bank in the UK reported pre-tax profits of £6.9 billion ($9.1 billion), an increase from the £1.2 billion made in 2020. However, compensation for fraud hurt profits, the bank said.

Lloyds Bank branches affected and when

  • Aylesbury Gatehouse – 07/26/2022

  • Beaconsfield – 06/29/2022

  • Beaconsfield – 09/15/2022

  • Birmingham Temple Row – 08/01/2022

  • Bolton Westoughton – 08/11/2022

  • Bradford Thornbury – 09/20/2022

  • Buckingham – 06/30/2022

  • Chandler Ford – 08/10/2022

  • Chipping Campden – 06/30/2022

  • Colchester St. Johns – 09/20/2022

  • Cottingham – 21/09/2022

  • Edgbaston – 06/07/2022

  • Knutsford – 07/07/2022

  • Liverpool Woolton – 07/14/2022

  • Lyndhurst – 07/13/2022

  • Marlow – 04/08/2022

  • Morriston Swansea – 07/21/2022

  • Oxford Summertown – 08/03/2022

  • Poulton le Fylde – 06/28/2022

  • Rushden – 07/26/2022

  • Shanklin – 07/28/2022

  • Shrewsbury Mount Pleasant – 08/11/2022

  • Smethwick – 07/21/2022

  • Swanwick – 25/07/2022

  • Tiptree – 07/25/2022

Halifax branches affected and when

  • Abingdon – 06/29/2022

  • Beaconsfield – 07/28/2022

  • Beccles – 05/07/2022

  • Belfast Shaftesbury – 28/06/2022

  • Bideford – 06/07/2022

  • Devizes – 07/27/2022

  • Doncaster Mkt Pl – 19/09/2022

  • Dunstable – 11/07/202

  • Finchley Central – 07/12/2022

  • Halifax Commercial St – 09/19/2022

  • Margate – 07/18/2022

  • Morrison – 07/18/2022

  • Penge – 08/10/2022

  • Totton – 07/19/2022

  • Wokingham – 20/07/2022

  • Worcester Park – 2022-07-20

  • Yeadon – 07/25/2022

Bank of Scotland branches affected and when

  • Aberdeen 201 Union Street – 14/09/2022

  • Alness – 07/27/2022

  • Brechin – 08/02/2022

  • Broxburn – 08/09/2022

  • Carluke – 06/27/2022

  • Clarkston – 04/07/2022

  • Dunblane-07/07/2022

  • Dycé – 05/07/2022

  • Edinburgh Barnton – 13/07/2022

  • Edinburgh Shandwick – 13/07/2022

  • Forres – 07/11/2022

  • Glasgow Riddrie – 08/09/2022

  • Interior – 04/08/2022

  • Kirkcudbright – 08/03/2022

  • Lockerbie – 08/08/2022

  • Selkirk – 08/08/2022

  • Shotts – 08/15/2022

  • Stromness – 08/17/2022

  • Troon – 09/21/2022

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