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Lloyds to shut 136 branches in UK amid digital banking shift

GenevaTimes by GenevaTimes
January 29, 2025
in Business
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Lloyds to shut 136 branches in UK amid digital banking shift
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Lloyds Banking Group will shut 136 branches in the United Kingdom to match customers’ transition to digital banking but will not cut jobs, the lender said on Wednesday.

Lloyds shut several branches in the past few years across England and some in Wales, after the COVID-19 pandemic led consumers to switch to mobile banking.

The closures will not result in job reductions, Lloyds said, adding that the affected personnel will be offered a role at another branch or part of its business. The retail bank said it would close 61 Lloyds branches along with 61 Halifax and 14 Bank of Scotland sites between May 2025 and March 2026.

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