Lloyds, Halifax and Bank of Scotland branches to close as group accelerates shift to digital and mobile banking
Lloyds Banking Group has revealed plans to shut another 136 branches, weeks after a policy allowing customers to do their in-person banking across any of its three brands sparked fears that bosses could close up to a quarter of its high street sites.
The move will cut the group’s branch network by a further 15%, accelerating a massive shift towards digital and mobile banking that is core to a five-year strategy being driven by its chief executive, Charlie Nunn.