Lloyds Banking Group to Close Another 95 Branches

Why It Matters

The accelerated branch reductions signal a rapid shift toward digital banking in the UK, reshaping customer access, employment and the competitive landscape for legacy banks.

Key Takeaways

• 95 branches slated for closure by 2027.
• Remaining network will be 610 branches.
• 21 million customers rely on Lloyds' mobile app.
• Branch closures mirror industry-wide digital migration.
• Santander cutting 44 branches; Nationwide keeps all.

Pulse Analysis

Lloyds Banking Group’s latest branch‑closure plan underscores the growing economic pressure on traditional retail banking. By targeting 95 under‑performing sites, the group aims to streamline costs while reallocating resources to its digital platform, which now serves over 21 million users. The timing aligns with a broader industry effort to optimise branch footprints, as banks grapple with rising operational expenses, tighter profit margins, and evolving consumer expectations for omnichannel service.

Across the UK, major lenders are re‑evaluating their high‑street presence. Santander’s recent announcement to close 44 branches and cut 291 jobs mirrors Lloyds’ strategy, highlighting a sector‑wide pivot toward technology‑driven solutions. Conversely, Nationwide’s commitment to retain all 696 branches until at least 2030 illustrates a divergent approach, betting on community banking as a differentiator. These contrasting tactics raise questions about the balance between cost efficiency and financial inclusion, especially in regions where physical branches remain a vital access point for vulnerable customers.

Looking ahead, the consolidation of brick‑and‑mortar locations is likely to accelerate, with banks experimenting with hybrid models such as shared‑service hubs and appointment‑only outlets. Regulators will monitor the impact on consumer protection and employment, while fintech competitors continue to erode market share by offering seamless digital experiences. For Lloyds, the success of its closure programme will hinge on the robustness of its app ecosystem, the effectiveness of alternative service channels, and its ability to maintain customer trust amid rapid change.

Lloyds Banking Group to close another 95 branches

1 hour ago · Kevin Peachey · Cost of living correspondent

Another 95 branches will be closed by Lloyds Banking Group, as many banks continue to reduce their presence on the High Street.

The group said 53 Lloyds, 31 Halifax and 11 Bank of Scotland sites would shut between May this year and March 2027.

Lloyds, the biggest banking group in the UK, said it offered a range of options for people to manage their money.

The latest announcement is in addition to an ongoing closure programme by the bank which will see 49 sites shut by October.

Lloyds will have 610 branches remaining once all the announced closures are complete.

A spokesperson for Lloyds said: “Customers want the freedom to bank in the way that works for them and we offer more choice and ways to manage money than ever before.”

More than 21 million customers use Lloyds' apps as their main way to bank, the spokesperson added.

Less than two weeks ago, Santander said it was closing a further 44 branches, putting 291 jobs at risk.

Banking apps and an increasing number of services provided remotely have led to less use of branches by customers, and closure programmes across the UK.

However, late last year, the UK’s biggest building society, Nationwide, pledged to keep all of its 696 branches open until at least 2030, although it too has closed branches in the past.

Banking hubs see banks share premises and serve customers from across the spectrum. A number of new sites have opened, but at a slower rate than the closure of individual bank branches.

The full list of Lloyds’ branches closing is as follows:

• Lloyds Bank – Aberdare

• Lloyds Bank – Altrincham

• Lloyds Bank – Birkenhead

• Lloyds Bank – Birmingham, Blackheath

• Lloyds Bank – Birmingham, Bordesley Green

• Lloyds Bank – Birmingham, Highters Heath

• Lloyds Bank – Birmingham, Upper Kingstanding

• Lloyds Bank – Bournemouth

• Lloyds Bank – Bristol, Fishponds

• Lloyds Bank – Cardiff, Victoria Park

• Lloyds Bank – City of London, Cheapside

• Lloyds Bank – Clevedon

• Lloyds Bank – Coalville

• Lloyds Bank – Crowborough

• Lloyds Bank – Daventry

• Lloyds Bank – Didcot

• Lloyds Bank – Ebbw Vale

• Lloyds Bank – Golders Green

• Lloyds Bank – Heswall

• Lloyds Bank – Hinckley

• Lloyds Bank – Hoddesdon

• Lloyds Bank – Honiton

• Lloyds Bank – Horncastle

• Lloyds Bank – Hull, Hessle Road

• Lloyds Bank – Hull, Ings Road

• Lloyds Bank – Kingswinford

• Lloyds Bank – Lancaster

• Lloyds Bank – Llangefni

• Lloyds Bank – London, Camberwell

• Lloyds Bank – London, Fitzrovia

• Lloyds Bank – London, London Bridge

• Lloyds Bank – London, Streatham

• Lloyds Bank – London, Victoria

• Lloyds Bank – London, West End

• Lloyds Bank – Lymington

• Lloyds Bank – Moreton‑in‑Marsh

• Lloyds Bank – Newmarket (Suffolk)

• Lloyds Bank – Norwich, Aylsham Road

• Lloyds Bank – Reading, Woodley

• Lloyds Bank – Redhill

• Lloyds Bank – Ringwood

• Lloyds Bank – Sevenoaks

• Lloyds Bank – Southam

• Lloyds Bank – Staines‑upon‑Thames

• Lloyds Bank – Stoke‑on‑Trent, Longton

• Lloyds Bank – Street (Somerset)

• Lloyds Bank – Swansea, Winch Wen

• Lloyds Bank – Tewkesbury

• Lloyds Bank – Uttoxeter

• Lloyds Bank – Wareham

• Lloyds Bank – Wednesbury

• Lloyds Bank – West Byfleet

• Lloyds Bank – Wolverhampton, Tettenhall

• Halifax – Ashington

• Halifax – Ashton‑under‑Lyne

• Halifax – Billingham

• Halifax – Bognor Regis

• Halifax – Bridgend

• Halifax – Cardiff, Roath

• Halifax – Chichester

• Halifax – Chorley

• Halifax – Croydon

• Halifax – Cwmbran

• Halifax – Doncaster, Armthorpe

• Halifax – Ellesmere Port

• Halifax – Goole

• Halifax – Greenford

• Halifax – Halesowen

• Halifax – Horsham

• Halifax – Leeds, Bramley

• Halifax – Liverpool, Hunts Cross Shopping Park

• Halifax – London, Hammersmith

• Halifax – London, Pentonville

• Halifax – London, Surrey Docks

• Halifax – Manchester, Didsbury

• Halifax – Mexborough

• Halifax – Nottingham, Beeston

• Halifax – Nottingham, West Bridgford

• Halifax – Shipley

• Halifax – Skelmersdale

• Halifax – Southgate

• Halifax – Sutton Coldfield

• Halifax – Thornaby‑on‑Tees

• Halifax – Torquay, Lymington Road

• Bank of Scotland – Aberdeen, Bridge Of Don

• Bank of Scotland – Balivanich

• Bank of Scotland – Blairgowrie

• Bank of Scotland – Broughty Ferry

• Bank of Scotland – Glasgow, Baillieston

• Bank of Scotland – Haddington

• Bank of Scotland – Kelso

• Bank of Scotland – Lochgilphead

• Bank of Scotland – Penicuik, John Street

• Bank of Scotland – Rutherglen

• Bank of Scotland – Stonehaven

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Related article: Santander to close 44 branches and put 291 jobs at risk (BBC).

Topics: UK banking, Companies, Lloyds Banking Group, Money, Personal finance, Cost of Living, Banking.