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Lloyds to close another 44 bank branches

BBC News logo BBC News 23/6/2021
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Lloyds Banking Group is to close another 44 branches, blaming a lack of customers at the sites as people move to digital banking.

The move comes in addition to previous announcements and means a total of 100 branches will close this year.

Lloyds and Halifax branded branches in England and Wales are included in the latest closure programme.

The Unite union condemned the move, saying the bank was "walking away from local communities".

"The decision to further erode its presence within our communities is baffling," said Unite national officer Caren Evans.

"The closure of 44 more bank branches will deny our communities of essential services such as access to cash and experienced highly trained staff. A local ATM is not a suitable alternative to a staffed bank branch."

The bank said a third of the branches which were closing were located in large towns and cities, with another branch nearby.

Its retail director, Vim Maru, said there had been considerably fewer transactions at these branches in the last five years.

"Like many businesses on the high street, we must change for a future where branches will be used in a different way, and visited less often," he said.

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